Public Company Limited (“the Company”) would like to clarify the operating results of the Company and its subsidiary for the 4th quarter ended December 31, 2019 which has been audited by the independent

Public Company Limited ( “ the Company” ) would like to clarify the operating results of the Company and its subsidiary for the 3rd quarter ended September 30, 2019 which has been audited by the

and dividend payment. As at 31 December 2019, interest-bearing debt amounted to Bt94,184mn with debt to equity ratio of 1.36 and net debt to EBITDA of 0.92. Therefore, the company has strong capital

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

million]. Payout Analysis For the year 2017 the company paid an interim dividend of THB 805 million in Q4/17. For the year 2016 the company paid full dividends of THB 1,610 million (THB 2.00/share). An

expanded, the price of agricultural products remained low, and the level of household debt remains high. Thus, sales in the third quarter did not meet the target. However, the Company continued to undertake

SHR MD&A EN Management’s Discussion and Analysis S Hotels and Resorts Public Company Limited S Hotels & Resorts, A Singha Estate Company | www.shotelsresorts.com Page 1 of 9 May 15, 2020 (SHR_2020_CS

to previous quarter. Finance cost was Bt1,194mn, flat YoY and QoQ from lower interest bearing debt, offset by higher deferred interest for spectrum. Profit In 2Q20, EBITDA (pre-TFRS 16) was Bt19,139mn

30, 2018. The company has dividend payment was 11.2 million baht and Long-term loans from financial institutions was 7.5 million baht Date 30 June 2018 31 December 2017 Current Ratio 3.5 3.6 Debt to

Q2/2020 (Ending June 30, 2020) To Director and Manager of the Stock Exchange of Thailand UBIS (Asia) Public Company Limited (“the Company”) would like to clarify on the performance and the financial