Veranda Resort Public Company Limited Management Discussion & Analysis Q1/2020 Management Discussion & Analysis Q1/2020 Revenue Structure Hotel 45.3% Property development 46.4% Food and beverage 6.1

with an increased sales proportion of higher profit margin products.  Decreased percentage of administrative expenses to operating revenue from higher operating revenue and improved cost management

maintenance service, including efficient fuel management both in procurement process and production process. Gross Profit Margin of Biomass Power Plant for this period included gross profit of new acquired

) AAPICO HITECH PUBLIC COMPANY LIMITED Ref No: AH 02112023 November 13, 2023 Subject: Management Discussion & Analysis (MD&A) for the Financial Statements of the 3rd Quarter of Fiscal Year 2023 Ended as of

/2020 Q1/2563 Q1/2563 Q1/2563 Q1/2563 Management Discussion and Analysis (MD&A) for the first quarter ended 31 March 2020 7 | P a g e 3. Gross Profit and Gross Profit Margin Unit: THB million, % 1/ Figure

February 24, 2018 Subject: Management Discussion and Analysis For the year ended December 31, 2017 To: The President, The Stock Exchange of Thailand Home Pottery Public Company Limited (“The Company

Café branches. Significant Events Financial Performance Management Discussion & Analysis Q3/2023 Executive Summary 159 223 426 583 Q3/22 Q3/23 9M/22 9M/23 2. Gross Profit and Gross Profit Margin: Gross

Management Discussion and Analysis for Interim Business Operation ( Revised ) Financial Performance for the year ended Sebtember 30, 2019 (Unit : Millon Bath) 2019 2019 Inc/(Dec) % Construction

%) (4.6 %) Gross Margin 432.7 30.5 % 371.3 26.5 % 16.5 % Distribution Costs (212.5) (15.0 %) (236.8) (16.9 %) (10.3 %) Administrative Expenses (120.5) (8.5 %) (101.9) (7.3 %) 18.3 % Profit before Income Tax

Microsoft Word - Ref FPI.020.2017.doc Ref. FPI.020/2017 9 August 2017 Subject : Management Discussion & Analysis of Performance Results of Quarter 2/2017 To : Board of Directors and President of The