_ Ocean Commerce Public Company Limited 148/1 Soi Ramintha 14, Ramintra Road , Tharang, Sub - District Bangkok 10230 Tel: 02-943-6663-4 Fax: 02-943-6343 02-943-7740 No OCMSET/6106/002 (Translation

คำอธิบายและการวิเคราะห์ของฝ่ายจัดการ 8 August 2019 Re: To clarify the financial statements as of 30 June 2019 To: President The Stock Exchange of Thailand WHA Corporation Public Company Limited (the

Osotspa Public Company Limited Q3’19 and 9M’19 Management Discussion & Analysis 13 November 2019 Q3’19 and 9M’19 Management Discussion & Analysis Page 1/6 Financial Highlights - Overall Q3’19 Net

Vision Public Company Limited and its subsidiaries (Hereinafter called “The Group”) would like to submit Management’s discussion and analysis for the 3rd Quarter 2017 with the summary as follows:- . Nature

183 (15%) EBITDA 27 33 22% 86 90 5% Net Profit(Loss) for the Company (3) (7) (133%) 10 4 (60%) Gross Profit Margin (%) 54.9% 56.2% 1.3% 59.5% 57.7% (1.8%) EBITDA Margin1 (%) 18.6% 23.9% 5.3% 23.6% 28.2

บริษัท ทาคูนิ กรุ๊ป จ ากดั (มหาชน) เลขท่ี 140/1 ถนนกาญจนาภเิษก แขวง/เขตบางแค จังหวัดกรุงเทพฯ 10160 โทร. 02-455-2888 แฟกซ์. 02-455-2763 TAKUNI GROUP PUBLIC COMPANY LIMITED 140/1 KHANJANAPISEK RD

: • Lower inventories as the Company has enforced stock reduction policy • Decrease in property, plant, and equipment due to depreciation • Decrease in leasehold rights due to amorization • However, the

Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussion and analysis regarding consolidated financial performance and position of the Company and subsidiaries

Public Company Limited and its subsidiaries (Hereinafter called “ The Group” ) would like to submit Management’s discussion and analysis for the Year 2018 with the summary as follows: - 1. Nature of

AND EMPOWERING DIGITAL STRATEGIES THROUGH STRATEGIC PARTNERSHIPS  The Company expects that the sale of VGI Global Media (Malaysia) Sdn. Bhd. (“VGM”) for THB 360mn to Master Ad Public Company Limited