NDR MDA Q3-2560 En.1 No. NDR012/2017 Subject Management Discussion and Analysis Attention: Directors and Manager N. D. Rubber Public Company limited would like to present the MD&A of 3 30, 2017 as

renew the management service contracts with appropriate profit margin only. 2. Solar energy which is a new business has higher gross profit margin than 2 existing businesses. Consequently, overall gross

PUBLIC COMPANY LIMITED Sustainability Development Ranking CG Score 1/ CG Score AGM Level 2/ AGM Score Thai-CAC 3/ Thai CAC  3/ n/a Thailand Sustainability Investment 4/ Thailand Sustainability Investment n

, 2017 is 160.60 million baht, With a decreased of 11.40 million Baht equal to 7.10%. Due to our major customers had change mode from Sea freight to Air freight and inland transport to reach the

Foreign Equity Index 121 Commodity 122 Commodity Index 123 Fixed Income 124 Other Financial Index 125 Others ตัวอยาง 001 2549 23 DCI Index 116 - 1 - 000 bank A 002 2543 22 SET50 Index 111 4.25%*N1/N2

alternative assets, such as REITs/infrastructure funds/ property funds/ private equity/ commodity indices/ gold/crude oil, at an average of not less than 80% of NAV in an accounting period If a fund has an

According to the Bank of Thailand and Office of the National Economic and Social Development Board data, the Thai economy in the second quarter of 2019 expanded at a slower pace by 2.3%, decreased from 2.8

sales. • Gross profit margin in Q1/2020 dropped by 2.9% from Q1/2019 mainly from waste of expired stocks as a result of the immediate shutdown of shopping malls and the discount offered to boost sales in

percent and there was a decrease in the shareholders' equity of 3.87 percent from the previous year. Return on Assets (ROA): The Corporate Group’s ROA increased from 17.67 percent as at end of 2019 to 20.72

considered a satisfactory year and is in line with the management's expectation. In the past year, the company was able to generate cash collection from the overall NPLs and NPAs management business, which are