also featured SEC Chairman’s opening speech, SEC Secretary-General’s overview of the strategic plan, and SEC Management’s presentations on key developmental areas. SEC Chairman Voravidh

Management Discussion and Analysis (MD&A) 2019 Page 1/8 Management Discussion and Analysis (MD&A) 2019 Overview and Factors Affecting Future Performance 2019 was considered a challenging year for the

1 of 9 Management’s Discussion and Analysis for the performance of the year 2019 Business Overview For the ended of the year 2019, S Hotels and Resorts Public Company Limited (“the Company”) had total

nine-month of the year 2016 ended September 30, 2016. The Company’s overall performance can be summarized as follows. DCORP would like to summarize the overview of the consolidated company’s performance

medical equipment as well as medical service concerning health and esthetics. 2. Overview of operating results in the Year 2017. The overall global economy still has growth direction in fine criteria from

service concerning health and esthetics. 2. Overview of operating results in the Year 2018. Although in 2018, the global economy as risk from international of political tensions and economic. And the

Company Limited Management Discussion and Analysis for the Quarter Ended on June 30, 2019 3 Overview Operational Results Between the second quarter of the year 2019 and 2018 (Unit: Million Baht) Description

Central Retail Corporation Public Company Limited Page 1 Overview of the operating result for the fourth quarter of 2019 The company’s total revenue for the fourth quarter of 2019 was THB 63,405

March, 2020. The details are as follows; Operating Performance 1. Revenues Unit: Million Baht In the overview of Revenue from sale – net for the 1st quarter 2020 under the situation of the Outbreak of

(SHR_2020_CS-02_022) Management’s Discussion and Analysis for the performance of the six months ended of the year 2020 Business Overview For the six months ended of the year 2020, S Hotels and Resorts Public