บทรายงานและการวิเคราะห์ของฝ่ายบริหาร Management Discussion and Analysis For the Financial Result of Quarter 2 Year 2019 Ended June 30, 2019 Note: This Management Discussion and Analysis (MD&A) was

บทรายงานและการวิเคราะห์ของฝ่ายบริหาร Management Discussion and Analysis For the Financial Result of Quarter 3 Year 2020 Ended September 30, 2020 Note: This Management Discussion and Analysis (MD&A

progressed 97.45% (The construction plan was 97.09%). The commercial operation date is scheduled in the fourth quarter of 2019. Page 6 - SBPL Project, a project of San Buenaventura Power Ltd., Co., (EGCO holds

significantly progressed to meet the deployment deadline by the end of Y.2020. As soon as the projects are completed, they will help generate other recurring incomes. Unit : million Baht Revenue from Customer

บทรายงานและการวิเคราะห์ของฝ่ายบริหาร Management Discussion and Analysis For the Financial Result of Year 2019 Ended December 31, 2019 Note: This Management Discussion and Analysis (MD&A) was made to

with the Energy Regulatory Commission (ERC) for final approval. The project targets for 85% contracted by commercial operation date. The construction of the project has progressed 75.48% (The

revenue and generate a sustain long-term returns. In 2019, CPN progressed with the following asset enhancement initiatives. • The major renovation at CentralWorld, has been started phase by phase since 4Q16

long-term returns. In 2019, CPN progressed with the following asset enhancement initiatives. Renovation programs of existing malls are under way and expects to be completed in 2019 comprising a

structural design is completed and the construction of various buildings has progressed by more than 80% of the total construction. At present, the project is in the process of the development of utility

. Currently, the main structural design is completed and the construction of various buildings has progressed by more than 80% of the total construction. At present, the project is in the process of the