% 63.0 8.7% 9.4 17.5% Net Profit 6.4 0.9% -17.4 -2.4% -23.8 -371.9% Retail Industry Overview and Overall of the Company‘s Performance During the past 2-3 years, the growth rate of retail sector industry in

be expected to increase a lot in the future Since it is an area in the Eastern Economic Corridor area. There is a high rate of growth in the industrial sector. The management sees the opportunity to

LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q3/2018 2 2. ECONOMIC SITUATION Thai economy in Q3/2018 continuously grew. Export-oriented manufacturing businesses expanded for specific sector, automobile

company will consider the readiness of technology and suitable period to obtain the licenses. A preliminary investment budget for provisioning of 5G service in key area is approximately Baht 10-15 billion

SITUATION Thailand economic situation in Q4/2019 in Central and Eastern area were contracted compared to the same period of 2018 due to global economic and domestic consumption weak, that were impacted from

the real estate sector. In addition, the Company launched new housing project in a potential location. All houses were well designed in both layout and functions and the Company was able to maintain

were THB 1,279.32 and 1,931.02 million respectively. Revenue from sale of real estate decreased by THB 651.70 million or 33.75% This is because the slowdown of real estate business sector resulted from

in LPG usage in transportation sector, which is main customer of the Company. This result in volume sold decreased 10.45% from previous year. However, the Company has expanded market to industrial

expanded in all categories. The expansion in global and domestic demand reflect to the growth of manufacturing sector. In term of public spending and private investment which strongly growth in all sector

attributed mainly by number of factors, namely 1.) Growth in Tourism sector from visa-on-arrival measure and Hong Kong disturbance which reflects an increasing in tourists 2.) Government spending for