Malee Group Public Company Limited and Its Subsidiaries Management Discussion and Analysis For the Q3/2019 and 9M/2019 ended 30 September 2019 1. Q3/2019 Highlights Figure 1: Quarterly results  In

appraised value. After entering into the disposition of assets, the Company will still have the same business nature as usual having main source of revenue from advertising and distribution of Bangkok Post

15. 03% and 15. 18% . Cost of sales can be broken down for turnkey business and for supply and maintenance of which mostly are materials, service / sub-contractors and project management costs. Cost of

MDA_EN_ FY2019 Management Discussion and Analysis Fiscal year ended February 29, 2020 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the audited financial

Company is aware of such risks and determined the policy that focused on the procurement and management of raw material (CPO) and biodiesel’s stocks by trying to maintain inventories turnover rate between

1 No. ACC 2019/004 13 August 2019 Subject : Management Discussion and Analysis for the three-month and six-month period ended 30 June 2019 To : President The Stock Exchange of Thailand Index Living

Page 1 of 11 - Translation - Ref. WINNER 0029/2019 November 14, 2019 Re Management Discussion and Analysis (MD & A) for Q3/2019 period and for the nine-month ended September 30, 2019 To The President

asset to generate revenue and it is only a place to run a business, which the Company can change to other locations. Also, the Company’s main income-generating asset is personnel. The Company is currently

Malee Group Public Company Limited and Its Subsidiaries Management Discussion and Analysis For the year ended 31 December 2019 1. Year 2019 Highlights Figure 1: Quarterly results  In Q4/2019, the

is calculated from total asset subtract intangible asset, debt, and minority shareholders. 5. Summary of main points for sales of water project 5.1 Sales of water project to the Provincial Waterworks