business unit has less revenue than previous year. Management’s discussion and analysis for the Quarter 2’ 2020 5 / 7 4. Financial position Statement of Financial Position – Consolidated (Million Baht) As at

of risk from carrying successive losses of overall performance of Power Plant business caused by less productive machinery along with cutting down provision of financial support for Power Plant

Page 1 from 5 Management Discussion and Analysis Performance for Quarter 3/2020 WICE Logistics Public Company Limited Performance Unit : million baht Statement of financial position Q3/2020 Q3/2019

and hospitality business. Page 7 of 7 Management Discussion and Analysis 2018 Financial Position and Capital Structure As at 31 December 2018, the total assets were 58,930 million Baht, increased by 44

resolution made on 22nd October 2019 approves residential property stimulus measures to support and ease the burden of those who wish to buy a home and to boost the domestic market sentiment. The transfer fee

, while the company has adapted to the situation through several cost-saving initiatives. The Company’s part-time staff has been paused, while the full-time staff has been relocated to support delivery

of employees to support the business expansion, pre-operation expenses as the result from the Group continuing expansion and new project development and expenses related to the bidding of the projects

costs to support the expansion of the team according to the number and scope of services that have increased. The mentioned additional services have been made available since June 2023 and clearly began

abovementioned reasons, resulting in a higher net profit for the company. Page 5 of 7 Management Discussion & Analysis Q2/2024 3. Statement of financial position Statement of financial position (Consolidated

Khiang. At the branch support and back- office, the Group will put efforts and resources into improving operational efficiency by investing in IT systems. Performance New Branch Openings in 2019 Brand