31,843 mn, an increase of 9.7% YoY (for 4Q19, the revenue stood at THB 8,183 mn, an increase of 7.7% YoY). Despite the impact from the ongoing renovations, the business posted solid revenue growth as

inflation rate was announced at 0.5 percent for 2017 (Source: Ministry of Finance). Overall aviation industry for the nine-month of 2017, revenue passenger kilometers (RPK) grew at 7.7 percent worldwide. The

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 12 Executive Summary Growth in both revenue and net profit demonstrates the effectiveness of retail

system. However, their listed company clients accounted for only 10 percent of the total market capitalization. At engagement levels, significant deficiencies were such as audits of revenue recognition

milestone is the permission for transfer of PVD to RMF. This is to allow employees to maintain the total sum of their ongoing savings in a long-term investment vehicle as long as they wish should they find

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 15 Executive Summary CPN’s total revenue and net profit continues to grow according to its business plan

. And revenue from new dialysis center has tend of income as increase continuously which it can reduce the gap of ongoing costs. This has resulted, the gross margins as increase from the previous year

MANAGEMENT DISCUSSION & ANALYSIS 1Q 2020 15 MAY 2020 U CITY PCL 1Q 2020 - MD&A (for three-month period ended 31 March 2020) 1 U CITY PCL 1Q 2020 KEY FINANCIAL HIGHLIGHTS • Total revenue increased by

Pattana”) in 1Q20 shows total revenue of THB 11,423 mn and net profit stood at THB 4,592 mn, mainly influenced by non-recurring items as well as revenue from residential business together with cost

Q3/16 Q2/17 Q3/17 Change +/(-) 9M/16 9M/17 Change +/(-) (Unit: THB million) QoQ YoY 9M Operating revenue 5,176 5,459 4,243 (22%) (18%) 16,214 15,067 (7%) Gross profit 1,046 1,256 1,199 (5%) 15% 3,485