Ref. No. IVL 003/02/2019 26 February 2019 The President The Stock Exchange of Thailand Subject: Submission of Annual Audited Financial Statements and the Management Discussion and Analysis of

Microsoft Word - MDA_Q317_DTC_Eng_V2 Dusit Thani PCL Management Discussion and Analysis For 3Q17 and 9M17 P a g e | 1 Executive Summary The Company reported net loss of THB 55 million and THB 23

mainly due to reduction in input costs and improvement in Operational parameters through several Strategic Management Initiatives. The Current quarter EBITDA also includes one off expense on account of

), construction expense is 170.35 Million Baht and the medical instruments is 36.65 Million Baht. For the financial liquidity management purpose, the company has successfully negotiated the purchase of asset

1 (Translation) MD. 063/2018 May 9 , 2018 Re: Management Discussion and Analysis For the Operating Results ended March 31, 2018 To: President The Stock Exchange of Thailand Management Discussion and

Ref: UWC 025/2562 November 13, 2019 Subject: Management Discussion and Analysis 3rd Quarter ended September 30, 2019 To: President The Stock Exchange of Thailand Ua Withya Public Company Limited

margin decreased by 3 percentage points to 7% in 2019 from 10% in 2018. SGA expenses decreased by 2% [THB 19m] due to reduced SGA expense at the Jiaxing plant. Payout Analysis For the year 2019 the company

sales revenue and lower depreciation expense. Operating Profit Analysis The Operating profit margin increased by 1 percentage point to 11% in 2017 from 10% in 2016. SG&A expenses increased by 4% [THB 52

1 (Translation) MD. 045/2019 February 27, 2019 Re: Management Discussion and Analysis For the Year Ended December 31, 2018 To: President The Stock Exchange of Thailand Management Discussion and

Zen Corporation Group Public Company Limited 782/1 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 28 February 2019 No. ZEN 2562-010 Subject Management Discussion and Analysis for