Page 1 of 4 No. RJH – SET 10/2018 12 November 2018 Subject : Management Discussion and Analysis for the 3rd quarter of 2018 ending September 30, 2018 To : The President The Stock Exchange of Thailand

closed down 10 branches to save operation cost. As a result, the Company has 111 branches, opened AEON Lounge total 12 locations to facilitate gold card and platinum card members, 469 ATMs, and over 17,400

net profit margin 2) higher depreciation resulted from additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, in order to prepare

Bangkok, April 3, 2012 ? The SEC in cooperation with the Ministry of Interior, the Stock Exchange of Thailand (SET), the Federation of Thai Industries, Thai Chamber of Commerce, Investment Banking

at cost on acquisition date in March 2012, appraised by Modern Property Consultant Co., Ltd. who is independent appraiser approved by the SEC has determined the market price base on the way to compare

9 WATTANAPAT HOSPITAL TRANG PUBLIC COMPANY LIMITED No. WPH – SET 4/2018 22 February 2018 Subject : Management Discussion and Analysis for the year ended on December 31, 2017 To : Directors and

1,980.67 2,329.81 2,114.86 Costs of Sale The company has cost of sales of 1,450.62 million baht, 1,650.06 million baht, and 1,636.82 million baht in year 2020, 2021, and 2022 respectively. The cost of sales

%) Total Revenues 1,030.23 100.00% 374.20 100.00% 656.03 175.32% 1,041.61 100.00% (11.38) (1.09%) Cost of Goods Sold (948.15) (92.03%) (407.91) (109.23%) 540.24 132.44% (994.77) (95.95%) (46.62) (4.69%) NRV

100.00% 5,504.30 99.82% 927.26 16.85% Service 0.00 0.00% 9.78 0.18% (9.78) (100.00%) Total Revenues 6,431.56 100.00% 5,514.08 100.00% 917.48 16.64% Cost of Goods Sold (5,890.19) (91.58%) (4,929.57) (89.56

with the criteria set by CAC. GPSC has been certified by Mr. Prasan Chuaphanich, a CAC committee member to ensure that the organization has implemented the measures to prevent corruption (CAC), and also