Estate Public Company Limited Management Discussion and Analysis 1Q2020 Nevertheless, the Company adopts equity method of accounting for Jupiter hotels totaling of 29 hotels with 3,115 keys; consequently

yours, (Ms.Wannee Juntamongkol) Senior Vice President – Accounting and Finance

million. This was due to record of (i) a decrease in unrealized FX gain of THB 178 million mainly from Sriracha's financial lease accounting adjustment.; (ii) a decrease in realized FX gain of THB 16

Million) 1Other income and total revenue during Q4/2020 and 2020 have changed due to the adjustment in accounting records of financial income for the benefits in comparison with the current financial

pressured to drop by -3.5% QoQ to Bt216. At the end of 1Q22, 5G subscribers increased to 2.8mn accounting for 6.3% of the subscriber base. AIS Fibre customers continued to surge to 1.87mn subscribers

obligations of the mutual fund; (b) past performance results of the mutual fund over the past 3 years, or for the period starting from the establishment of the mutual fund to the most recent accounting period

-Current Assets decreased by THB 32 million mainly due to the recognition of depreciation expenses of right-of-use assets for the accounting period. • Land, Property and Equipment decreased by THB 18 million

receivable during 2022 is less than during 2021, resulting in the withholding tax of the year 2022 that is credited to the tax at the end of the accounting period less than those of the year 2021 as well. As a

right-of-use assets for the accounting period. • Land, Property and Equipment decreased by THB 8 million mainly due to the recognition of depreciation on assets that are higher than assets purchased

turnovers with the 2Q/2023 credit card revenue reported 1,968 million baht, making the 1H/2023 credit card revenue increased to 3,919 million baht or 6% from the first half of the previous year and accounting