-Translation- Ref. WINNER 006/2020 February 27, 2020 Subject: Management Discussion and Analysis (MD & A) for the year 2019 To: The President The Stock Exchange of Thailand 1. Analysis of Overall
38.15 THB/EUR in 2018 to 34.75 THB/EUR in 2019), since the majority of the Company’s hotels earn their revenue in Euro. Overall occupancy rate increased by 3.3% from the previous year, in which the
Overall Operating Results for the Company and its subsidiary 1.1 Analysis of Operating Results for the Company and its subsidiary Table 1: Overall operating results for the year 2019 (Unit: Thousand Baht
overall capital market because there are few service providers or a replacement of another service provider cannot be arranged immediately; “ affiliated company ” means a company having any of the following
related to business operation which, in the event that a service provider ceases to provide services, fails to continue operation or is unable to provide services appropriately, may affect the overall
related to business operation which, in the event that a service provider ceases to provide services, fails to continue operation or is unable to provide services appropriately, may affect the overall
1 Ref: AC.004/2018 26 February 2018 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating
consumers. In addition, the direction of technology in the long-term that will change into the 5G might increase the sales growth in the future. 2. Personal Loans Business The growth of personal loan business
Total 3,754 100% 4,508 100% 754 20.1 For the 3-month period ended 30 Jun Change - Translation - Page 2 of 5 and our Woody C+ Lock had a 6.4% volume share in the market which ranked the fourth, according
to TFRS 16 Leases. 4.3 Shareholders' equity The overall shareholders' equity in the first half of 2020 was decrease from the end of 2019 in an amounting of Baht 44.80 million mainly came from operation