168.68 105.06 Other income 1.13 0.42 0.71 169.05 Cost of service 241.86 118.75 123.11 103.67 Expenses of sales 9.87 9.34 0.53 5.67 Expenses of management 43.92 21.66 22.26 102.77 Expenses of financial 0.08

1 | MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1-2020 Management Discussion and Analysis Q1-2020 14 May 2020 KEY EVENT IN Q1-2020 After UWC announced a corporate and business strategy restructuring in

key management positions and business strategies in order to enhance efficiency and growth. Under new structure, UWC shifted the focus from less competent business such as renewable energy to Steel

changing in many key management positions and business strategies in order to enhance efficiency and growth. Under new structure, UWC shifted the focus from less competent business such as renewable energy

, as well as enhance their EDC terminals to accept both On-Us and Acquiring transactions for VISA and MasterCard brands. In addition, ASB Cambodia will also launch a service through the mobile

Dusit Thani PLC Management Discussion and Analysis 4Q18 and FY2018 P a g e | 1 Executive Summary The Company reported net profit of THB 119 million in 4Q18, a decrease of 59.0% from the same period

since GSTEL is currently in the process of debt restructuring and seeking funds from external source with aim to enhance its balance sheets and improve their financial strength. Thus, the financial

of Directors’ meeting approved to dissolve T Asset Management Company Limited., a subsidiary of the Company. The subsidiary registered the dissolution on November 5, 2018 and registered the liquidation

strategic partnership and enhance the synergies between the Company and SGAH in order to grow their business in the global market. The total investment of USD 65 million consists of (1) newly issued ordinary

No. INGRS066 30 March 2021 Subject : Management Discussion & Analysis (MD&A) for the consolidated financial statements for the financial year ended 31 January 2021 To : The President The Stock