vision of the management in order to assist investors to better understand the company's financial status and operation. It also supports the "Good Corporate Governance Project" of the Securities and

Board No. Tor Thor. 60/2561 Re: Rules, Conditions and Procedures for Outsourcing Function related to Business Operation to Third Party dated 1 October 2018 specifies that [ in case of outsourcing to a

. Tor Thor. 60/2561 Re: Rules, Conditions and Procedures for Outsourcing Function related to Business Operation to Third Party dated 1 October 2018 specifies that [in case of outsourcing to a foreign

1 Translation CEN 012-2019 May 14, 2019 Subject Management discussion and analysis for business operation Quarter 1-2019 To The Manager and President The Stock Exchange of Thailand For 3 months

2019, Baht 10,027.5 million, increased Baht 1,877.2 million as below detailed; 1. Overdrafts and Short-term loans from financial institutions decreased Baht 289.5 million. 2. Trade and other payable

million, increased Baht 1,579.4 million as below detailed; 1. Short-term loans from financial institutions decreased Baht 650.9 million. 2. Trade and other payable increased Baht 8.9 million. 3. Advances

considered peak season for Phi Phi Island and Samui Island. Page 3 of 5 Hotel Business: Operation Statistics Operation statistics 1Q17 4Q17 1Q18 Santiburi Beach No. of rooms Occupancy rate RevPar (YoY growth

temporary working capital in the business operation. Currently, GSTEL is in the process of obtaining loan facilities from the new lender. Upon the funding completion, the short term loan will be promptly

Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the 3rd quarter ended September 30th, 2018 Management Discussion and Analysis of Business

million increased by Bt118.1 million or 3.1%(y-o-y) which according to the growth of the total fuel volume that the Group provides services. However, from the start of operation of the Northern Fuel