% 38.8% Net Profit Margin (%) 25.0% 24.4% D/E Ratio (times) 1.53 1.49 Net IBD to Equity (times) 1.17 1.19 Please be informed accordingly. Sincerely yours, WHA Corporation Public Company Limited (Mr

คำอธิบายและการวิเคราะห์ของฝ่ายจัดการ 8 November 2019 Re: To clarify the financial statements as of 30 September 2019 To: President The Stock Exchange of Thailand As WHA Corporation Public Company

Capital”) which is hold by 99.99 percent. 7UP holds Ferrum Capital by 99.99 percent. For the amalgamation, Ferrum Energy shall purchase Eco Energy Group Corporation Co., Ltd. (“Eco”) from Ms. Suyanee

Thailand; (21) juristic person in the category of statutory corporation; (22) juristic person whose shares are held by the investors under (1) to (21), in aggregate, exceeding seventy-five percent of the

person in the category of statutory corporation; (22) juristic person whose shares are held by the investors under (1) to (21), in aggregate, exceeding seventy-five percent of the total voting shares; (23

) Stock Exchange of Thailand; (21) juristic person in the category of statutory corporation; (22) juristic person whose shares are held by the investors under (1) to (21), in aggregate, exceeding seventy

LIMITED Please enter search criteria Search Company CMC: CHAOPRAYAMAHANAKORN PUBLIC COMPANY LIMITED TCMC: TCM CORPORATION PUBLIC COMPANY LIMITED   Reset CHAOPRAYAMAHANAKORN PUBLIC COMPANY LIMITED

services as well. Management's Discussion and Analysis and operating results for the Quarter 3/2016 Page 2 / 8 At the same time, the subsidiaries consist of Irving Corporation Limited to sell products and

Metro Pacific Investments Corporation to develop Hotel and Condominium Project in Philippines. The Company will set up the new subsidiary company; 100% owned by the Company, in Philippines under the name

the new TFRS 16 – Lease of THB 7,416 million and increase in long- term loans. Shareholders’ Equity As of 30 June 2020, Shareholders’ Equity of THB 4,665 million, decreased by THB 1,240 million or 21.0