from 57.57% in 2021 due to the increase in employee-related costs to support the planned increase of scale and scope of services to be provided by the Company and clients in mobile operator sector, in

1085..96 Fax. 66 2323 9283 Management Discussion and Analysis (MD&A) Business operating results and financial position for the year 2017, in which the equity method is applied, of the Company could be

SAAM Energy Development Public Company Limited (“The Company”) would like to provide explanation and analysis regarding financial performance and position for the year ended 31 December 2017 as the

87,000,000 shares at par value of 0.50 Baht or 50% of IPO (174,000,000 shares) Spin-off Plan is consistent to UAC Plan by growing UAPC with business competency, strong financial position and being able to

leadership position, with 1H’19 market share of 25.3% increased by 856 bps YoY. In Brain and Body Boost (“BBB”) products which include energy drinks, sport drinks, ready-to- drink coffee and functional drinks

(Unit: Sqm) MANAGEMENT DISCUSSION & ANALYSIS 2Q 2020 13 AUG 2020 U CITY PCL 2Q 2020 - MD&A (for three-month and six-month period ended 30 June 2020) 6 U CITY PCL FINANCIAL POSITION ASSETS LIABILITIES AND

mutual reliance and support as well as strategic positioning of the Company or the group of companies in relation to the business group of the major shareholder. If the business structure of the Company or

-specific such as advertising services, loan, property leasing, etc. 6 Types of relationship or reliance include granting and receiving financial or technical support, raw material procurement, co-use of

constant FX, our international business showed 8.7% growth YoY, mainly from CLM (Cambodia, Laos and Myanmar) countries and Middle East. M-150 maintained its leading position with 2019 market share of 37.5

7,698 mn, up by 5.2% YoY with a 6% YoY growth in net profit to THB 2,483 mn. Establishment of a Joint Venture to support business expansion plan On 5 September 2017, the Company established a new joint