page 1/6 (TRANSLATION) Ref. WINNER 0004/2019 February 26, 2019 Re Management Discussion and Analysis (MD&A) for the year 2018 and for the year 2017_revised 2 To The President The Stock Exchange of
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and SG&A expense, which are continuously being optimized despite the profit-dilution impact of TTTBB consolidation. Furthermore, there was also a positive impact from foreign exchange gain and disposal
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is selected to include in Thailand Sustainability Investment (THSI) among other 65 listed companies by the Stock of Exchange of Thailand (SET). This selection does not only reflect how the company
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