) if the management company can demonstrate to the SEC Office that such person has rectified the cause, work system, management structure and operating control, which has caused such person to have the

analysis should be read in conjunction with our financial statements and accompanying notes, as well as our selected operating data, included elsewhere in this Offering Circular. Our financial statements

3 VIII. OPERATING AND FINANCIAL REVIEW AND PROSPECTS 5 IX. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES 6 X. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS 7 XI. INTERESTS OF EXPERTS AND COUNSEL 8

ค่าใชจ้า่ยด้านการตลาดทีเพิมขึนจาํนวน 82.02 ลา้นบาท ซึง เปนการเพิมขึนของเงนิสนับสนุนงาน The Match Bangkok Century Cup 2022 ทีบรษัิทฯ เปนผู้สนับสนุนเงนิดังกลา่ว และทําการตลาด หน้ารา้นสาขาภายชือกิจกรรม The

กันของป 2565 โดยส่วนใหญเ่กิดจากค่าใชจ้า่ยการตลาดลดลงจาํนวน 67.64 ลา้นบาท ซึงลดลงจากเงนิสนับสนุนงาน The Match Bangkok Century Cup 2022 ทีบรษัิทฯ เปนผู้สนับสนุนเงนิ ดังกลา่วในชว่งไตรมาส 1 – 3 ป 2565

2018 as follow: DuPont Analysis 2017 2018 2019 Return on Equity or ROE 15 (%) 14.55 8.37 9.08 Operating Profit Margin 12 (%) 12.12 8.29 9.13 Total Assets Turnover 18 (times) 1.03 0.96 0.93 Equity

production - Improvement of machine and equipment production line and also used as working capital for the production of plastic bags including operating expenses 96.36 - Year 2017 - 2019 17 Objectives of the

optimization. AIS reported a net profit of Bt29,086mn, increasing 12% YoY reflecting an improved operating performance, and a one-time gain from FX. 4Q23 & FY23 MD&A Advanced Info Service Plc. 2 FY23 Operational

enhanced device margin. AIS reported a net profit of Bt8,788mn, increasing 7.9% YoY reflecting strong operating performance, while increasing 2.5% QoQ from higher foreign exchange rate gain. 3Q24 MD&A

of Business Operation for the 3rd quarter of 2017 Bangchak Corporation Plc. Summary of the Company and its subsidiaries’ operating result for the 3rd quarter ended 30th September 2017 EBITDA Structure