fund” means a mutual fund established and managed by a management company which does not accept the redemption of investment units; (3) “open-ended fund” means a mutual fund established and managed by a

” means a mutual fund established and managed by a management company which does not accept the redemption of investment units; (3) “open-ended fund” means a mutual fund established and managed by a

คำอธิบายและการวิเคราะห์ฐานะการเงินและผลการดำเนินงาน * Note Please find further information in the consolidated financial statements. 1 February 21st, 2020 Subject: Management Discussion & Analysis

financial cost same as the last year. In this regard, cost of distribution increased from the domestic transportation expenses, the increase of general management expenses, feasibility study expenses and also

Agreements 3% Cost of Jan - Jun 2020 = 1,251.02 million Baht Revenue Of Jan - Jun 2020 = 2,157.63 million Baht EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION

- Translation - Page 1 of 5 CBG 023/2020 7 August 2020 Subject Management discussions and analysis the 3-month and 6-month period ended 30 June 2020 To President The Stock Exchange of Thailand We

Osotspa Public Company Limited Q3’18 and 9M18 Management Discussion & Analysis 14 November 2018 Q3’18 and 9M18 Management Discussion & Analysis Page 1/7 Financial Highlights Q3’18 profit attributable

distribution costs decreased 17% since the Group could control costs and expenses more effectively.  Administrative expenses increased 103% since the Group compensated a voluntary resignation plan to the

AC0815/2017 August 15, 2017 Subject: Management Discussion and Analysis for Q2/2017 To: Managing Director The Stock Exchange of Thailand The company would like to report the operation results for the

:  Cost of goods sold and services decreased 10% and distribution costs decreased 25% since the Group could control costs and expenses more effectively.  Administrative expenses increased 68% since the