/2017 Management Discussion & Analysis Revenue Q3/2017 VS Q2/2017 (QoQ) • The revenue in Q3/2017 decreased from Q2/2017 because of the lower Energy Payment (EP) following the decline in dispatch volume

MD&A Q3Y2019 (E) - 11.11.19 RATCH Group Public Company Limited Management Discussion and Analysis For the Three-month and Nine-month Periods Ended 30 September, 2019 Management Discussion and

Management Discussion and Analysis of Business Operation for the 2nd quarter of 2017 Bangchak Corporation Plc. 1 | Bangchak Corporation Public Company Limited Management Discussion and Analysis of

Intercarabao Limited (“ICUK”), of which the business engages in marketing, sales and distribution of energy drinks under Carabao trademark in the UK market and other countries outside Asia (the “Change of

Intercarabao Limited (“ICUK”), of which the business engages in marketing, sales and distribution of energy drinks under Carabao trademark in the UK market and other countries outside Asia (the “Change of

Water Sales, and Wastewater Treatment Services. 2 Other Revenue consists of Excessive Charge, Service Fees for Wastewater Management, and Revenue from Solar Rooftop 3 Gross Profit from Operation excludes

: ENERGY ABSOLUTE PUBLIC COMPANY LIMITED EASON: EASON & CO PUBLIC COMPANY LIMITED EASTW: EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PCL. ECF: EAST COAST FURNITECH PUBLIC COMPANY LIMITED ECL: EASTERN

1 Translation CEN 012-2020 May 15, 2020 Subject : Management discussion and analysis for business operation Quarter 1-2020 To : The Manager and President The Stock Exchange of Thailand Summarization

Microsoft Word - Ref FPI.004.2018.doc Ref. FPI.004/2018 28 February 2018 Subject : Management Discussion & Analysis of Performance Results Yearly Ending 31 December 2017 To : Board of Directors

Microsoft Word - Ref FPI.014.2018.doc Ref. FPI.014/2018 11 May 2018 Subject : Management Discussion & Analysis of Performance Results of Quarter 1/2018 To : Board of Directors and President of The