that in the same period of the previous year due to lower wind speed. (3) Revenue from sales of RCO increased due to the acquisition on October 1, 2019. Management Discussion and Analysis For the Three

Thailand. 3. Expected credit losses increased by Baht 7.42 million over the same period last year due to the accounting guidance related to financial instruments and disclosures applicable to insurance

OHTL Public Company Limited and its subsidiaries Management Discussion and Analysis for the year ended 31 December 2019 (Unit: Thousand Baht) 2019 2018 Increased (Decreased) Room revenue 385,447

ended December 31, 2019 of Capital Engineering Network Public Company Limited “Company” and Subsidiary with loss of 929.80 Million Baht as 993.37 Million Baht increased when compared to same period of

previous year, the net profit of the Corporate Group for the 1st quarter 2020 increased by 1.56 percent. Details of the changes or impacts are described in the Management Discussion and Analysis (MD&A) as

which increased prices due to the drought. Operators are not expected to significantly increase prices and focus mainly on controlling cost, due to the economic slowdown and highly competitive market

of 2019. For the operating result of the first Quarter ended March 31, 2020 compared with the same period of 2019, the Company had the Revenue from Sale of THB 341. 59 Million which was increased by

OHTL Public Company Limited and its subsidiaries Management Discussion and Analysis for the first quarter ended 31 March 2020 (Unit: Thousand Baht) 2020 2019 Increased/ (Decreased) Room revenue

cost of sales was recorded at 25.25 Million Baht, a increase from the same period last year by approximately 4.33 Million Baht or 20.66% which the cost of sales increased by in the same direction with

of Baht 17.45 million, an increase of Baht 18.08 million from the same period last year. This was a result of major items as follows: 1. Profits from insurance in this quarter increased from the same