8 บริษัท จี สตีล จํากัด (มหาชน) G Steel Public Company Limited Management Discussion and Analysis Quarter 2 Ending 30 June 2020 1. Operating Result Highlights 2. Changes in Accounting Estimates In

1 | MANAGEMENT DISCUSSION AND ANALYSIS FOR Q2-2020 Management Discussion and Analysis Q2-2020 13 August 2020 KEY EVENT IN Q2-2020 In the 3-month and 6-month period of Q2-2020, UWC reported gross

while also improving efficiency in the Conglomerate’s risk and reserve management as well as capital adequacy and liquidity position assessment for improvement of the Conglomerate’s forward-looking and

capital adequacy and liquidity position assessment for improving of our forward-looking and preventive portfolio management to comply with the Bank of Thailand’s regulations and directions.  Value-Based

GFPT Public Company Limited Management Discussion and Analysis for the Year 2018 Page 1 of 14 Management Discussion and Analysis This MD&A report has been prepared based on the consolidated of GFPT

GFPT Public Company Limited Management Discussion and Analysis for the Year 2019 Page 1 of 14 Management Discussion and Analysis This MD&A report has been prepared based on the consolidated of GFPT

1 Zen Corporation Group Public Company Limited 662 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 8 May 2020 No. ZEN 2563-011 Subject Management Discussion and Analysis for the 1st

construction in December 2020. Solid measures for water management B.Grimm has always put in place guidelines and measures for water management to ensure maximum benefits by means of consuming and preserving

GFPT Public Company Limited Interim Management Discussion and Analysis for the 2nd Quarter 2020 Page 1 of 14 Management Discussion and Analysis This interim MD&A report has been prepared based on the

have completed a couple of significant projects contributing to higher recurring revenue going forward. Revenue from overseas markets has improved YoY but was offset with the reduction in non-recurring