Page 2 Management Discussion and Analysis 1. Significant events in the third Quarter of 2018 The progress in construction projects - Xayaburi Project, a project of the Xayaburi Power Company Limited
with the purchase asset agreement of Baht 66.17 million and construction in progress amounted to Baht 36.05 million. And non-current assets increased amount Baht 11.32 million consisting of deposits for
its plan for the project at soi Sukhumvit 19 from developing a condominium to develop a 4 stars hotel. The current progress is on design stage and choosing hotel brand operator. The Company targets to
foreign investors, to which the Company has continually adjusted its marketing and selling plans. For projects under development, the progress is still on track and has little impact from the COVID-19. Cost
purchasing power of foreign investors, to which the Company has continually adjusted its marketing and selling plans. For projects under development, the progress is still on track and has little impact from
to the changes in the following items: - Property, plant and equipment were 15,891.38 million Baht, increased by 630.43 million Baht mainly from progress of construction including clarified water
was the construction in progress for Carnival Magic project., animals and plants of Baht 55.62 million much of the purchase of animals. Cash and cash equivalents decreased of Baht 106.87 million
Management Discussion and Analysis 1. Significant events in the third Quarter of 2019 1.1 The progress in construction projects 1.1.1 Project completion - SBPL Project, a project of San Buenaventura Power Ltd
at the end of 2021, the Company does not have large project that requires a lot of investment compared to the end of 2020 which is a large project in progress. Therefore, the purchase of goods and