Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 September 2021 of the Company and the subsidiaries

companies of Baht 59 million, net gain on sale of investment is worth Baht 415 million. The Company has also booked a major expense item incurred by tax assessment totaling Baht 992 million. This amount

1 Zen Corporation Group Public Company Limited 662 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 8 May 2020 No. ZEN 2563-011 Subject Management Discussion and Analysis for the 1st

MD&A Y2019 (E) - Final RATCH Group Public Company Limited Management Discussion and Analysis For the Year Ended December 31, 2019 Management Discussion and Analysis For the Year Ended December 31

year. 1.8 Income tax expense For the year ended 31st March 2019, the Company and its subsidiaries had corporate tax of Baht 49.38 million or decrease by 27.3 percent due to the lower in operating profit

หนา 1 ของ 5 ORI-FA001/2562 February 25, 2019 Title: The Operating Results of Origin Property Public Company and its Subsidiaries for the year ended December 31, 2018. To The President of The Stock

subsidiaries. Nevertheless, SGA of Parent Company decreased from THB 85.05 million in 2019 to THB 78.76 million in 2020 as the result of efficient expense management policy. 2020 % 2019 % % 419.58 88.56% 644.63

MD&A Q2Y2020 (E) - 11.8.2020 Update HPC RATCH Group Public Company Limited Management Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 2020 Management Discussion and

company in the market to seize the opportunity to transform itself to become a provider of Offline-to-Online (“O2O”) Solutions. Now it is the leading company offering all-rounded advertising services that

Osotspa Public Company Limited Q3’18 and 9M18 Management Discussion & Analysis 14 November 2018 Q3’18 and 9M18 Management Discussion & Analysis Page 1/7 Financial Highlights Q3’18 profit attributable