Microsoft Word - Final_Eng_MD&A Q1'18.docx (Translation) May 15, 2018 Ref: SET-2018-012 Re: Management Discussion and Analysis for Quarter 1’ 2018 Attn. to: President The Stock Exchange of Thailand
1 (Translation) MD. 107/2018 August 8, 2018 Re: Management Discussion and Analysis For the Operating Results ended June 30, 2018 To: President The Stock Exchange of Thailand Management
increase the asset utilization efficiency. Return on equity was 42.0% decreasing from previous, as a result of the ability to maintain profitability, the stock buyback, and the Company’s interim dividend
was 42.3% decreasing from previous quarter, as a result of the ability to maintain profitability, the stock buyback, and the Company’s interim dividend payment. Quarter Quarter Quarter 3/2019 2/2020 3
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every region, and Gasoline stock in the US has reached a new high after Gasoline demand dropped significantly. Furthermore, the US, which is one of the largest global Gasoline consumer saw domestic demand
and business opportunities in each individual sector and area across all industries. In parallel, we focused on the development of technological solutions with the aim of becoming “Customers’ Life
Company started trading its newly issued stock on 15 February 2017. Issued and paid-up share capital Ownership interest 30 June 2017 30 June 2017 Name of the entity Type of business Baht % 80.00 99.27 Car