E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due largely to healthier growth of exports and tourism, especially in the first half of the year. Meanwhile, the government continued to implement measures to promote and strengthen the domestic economy through support of investment and private spending as well as bolstering opportunities for other econo...

products and catch up with technology changes and dynamic marketing. On the other hand, the company is setting up new companies for research & development of Electric Vehicles in the USA and Industrial

modified vehicles to promote products under the "Advice" brand in key regions. The activities aimed to boost brand awareness among customers in upcountry provinces. Additionally, the Company conducted sales

controls. For the administrative expense increased by 1.98 million baht or 5.57% due to increased investment in research and development from the previous year and vehicles repairing as their useful life

the contractors 3) sales of unused aviation refueling vehicles and 4) fuel tank rental services. 1.2 Expenses 1.2.1 Cost of services In 2019, Cost of services was of Bt1,829.2 million, increased by

deposit fee that increased by 0.11 million baht, these expenses just occurred in quarter 4 of 2018 after the Company got listed in Stock market. Depreciation expenses also increased from 3 new vehicles that

assets ,093 646 447 69.20 Motor vehicles 481 937 (456) (48.67) Assets under installation and under construction 462 2,096 (1,634) (77.96) Total 207,213 241,442 (34,229) (14.18) Regarding machinery and

vehicles in each category using the expressways under the Agreement, calculated on a daily basis from June 1, 2008 onwards until August 31, 2008, including default interest under the Agreement on the

production is around 2,000 tons per month on average, representing an income of 40,000,000 Baht per month. Also, the conglomerate has a new business plan that is the 100% battery electric vehicles, which the

67.64 million because there was no special events as in 9M2022 which include “The Match Bangkok Century Cup 2022” sponsorship and “The Way of Gaming” marketing campaign, which involved using vehicles to