PowerPoint Presentation Management Discussion and Analysis MD&A Q2/2020 THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP 1 Q2/2020 and Recent Highlights In the second quarter of 2020, economic factors that

strongly, especially on a same-store basis that continues to grow together with cost effective management. Excluding the non-recurring items, total revenue increased 9.0% YoY and net profit increased 7.4

สํารองเล้ียงชีพ) 5.1 อนุญาตใหกองทุนสามารถลงทุนใน Derivatives เพื่อเพิ่มประสิทธิภาพในการบริหารพอรต การลงทุน (Efficient Portfolio Management) (“EPM”) ไดโดยมวีัตถุประสงคของการลงทุนใน สัญญาซื้อขายลวงหน

Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the year ended December 31st, 2018 Management Discussion and Analysis of Business Operation for

management of its capital structure to be resilient towards the volatile money market and capital market, as well as maintain its financing cost at an optimum level for its businesses going forward. (1

generation through new shopping malls, enhancement of existing malls, as well as efficient cost management. CPN currently manages 33 shopping malls with the net leasable area (NLA) of approximately 1.7 mn sqm

Malee Group Public Company Limited and Its Subsidiaries Management Discussion and Analysis For the Third Quarter and Nine-Month Period Ended 30 September 2017 1. Q3/2017 Highlights Figure 1

increase by Baht 42.70 million or an increase of 11.57 percent from the same period of previous year, due to effective management of production cost and selling expenses. Details of the changes or impacts

management of its capital structure to be resilient towards the volatile money market and capital market, as well as maintain its financing cost at an optimum level for its businesses going forward. Dividend

บริหารกองทุน (Management Style) : มีกลยุทธ์การลงทุนครั้งเดียว (buy-and-hold) 3.9. ดัชนีชี้วัด/อ้างอิง (Benchmark) : ไม่มี เนื่องจากกองทุนไม่สามารถวัดผลการดำเนินงานได้เพราะอัตราผลตอบแทนของกองทุนข้ึนอยู่กับ