= Translation = Management Discussion and Analysis for Interim Business Operations Financial Performance for the period ended September 30 , 2017 (Unit : Million Baht) 2017 2016 Inc./(Dec
หน้าที่ 1 จาก 5 GEL.CS.024/2560 15 November 2017 Subject Explanation and analysis of management for operating results of the Third Quarter Ended September 30, 2017 To Director and Manager The Stock
information with the Office in advance so as to ensure that such training course or seminar can be duly counted in the participation hours. The Office will inform the result of consideration within 15 days from
with the Office in advance so as to ensure that such training course or seminar can be duly counted in the participation hours. The Office will inform the result of consideration within 15 days from the
operations and as the Company repaid the long-term loan in advance. As of 30 June 2017, Net Interest-bearing Debt to Equity improved from 0.45 to 0.37 times as a result of lower debts and higher equity
percent compared to year 2015, due to decrease of salary, employment benefit, doubtful accounts, fees and other administrative expenses which are in line with the Company’s organizational management as
increase of salary, employment benefit, doubtful accounts, fees and other administrative expenses which are in line with the Company’s organizational management as aforementioned details. 5. Finance Costs
advance. As of 30 September, 2017, Net Interest-bearing Debt to Equity improved from 0.45 to 0.39 times as a result of lower debts and higher equity. Shareholders' Equity As of 30 September, 2017
management fee and interest income. Administrative Expenses The Company and its subsidiaries had Administrative Expenses of Baht 1,984.82 million, decreased by Baht 146.44 million or 6.87% from last year