Microsoft Word - 2019-Q4_MDA_Eng_R2.docx No. CAZ 004/2020 28 February 2020 Subject: Management Discussion and Analysis for the year ended 31 December 2019 Attention: The President The Stock
assets5 (%) 43.2% -47.0% Debt to equity (times) 0.3 0.3 Asset turnover (times) 0.8 0.4 Remark: Financial ratios were calculated based on The Stock Exchange of Thailand’s formula. MANAGEMENT OUTLOOK The
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Ref.No.1905/026EN July 16, 2019 Subject Inform about The Connected Transaction Attention President of the Stock Exchange of Thailand According to the Board of Directors Meeting No.9/2019 of UBIS
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