with growth higher than the Bank in-house research forecasted of 8.0%. The number of new car sales for the first 11 months of 2017 totaled 767,345 units, a growth of 12.5% with the growth for the

showed continuous recovery with growth higher than the Bank in- house research forecasted of 8.0%. The number of new car sales for total year 2017 totaled 871,647 units, a growth of 13.4% with the growth

Page 4/ 6 Management’s Discussion and Analysis Ocean Glass Public Company Limited Management’s Discussion and Analysis Performance for the Period Ended December 31, 2017 Expenses from research

customers affected by sluggish economy sought for value- for-money services. Competition in postpaid segment has been stable. Operators with 5G services are focusing on building 5G perception and attract 5G

changes over the past few years. Traditional media such as television, newspaper, magazine and radio has been in steady decline, while Out-of-Home (“OOH”) and online/digital media have become the go-to

licenses were made in 1Q21. Total Liabilities 274,481 78% 290,976 79% Retained earnings 51,382 15% 54,125 15% Credit Rating Others 24,307 6.9% 24,545 6.6% Fitch National rating: AA+ (THA), Outlook: Stable

strengths for future business growth, i.e. investments in plant and machinery, aiming at higher production efficiency, reduced production cost, quality systems improvement, investments in research and

% from Q3/2020 and 24% from 9M/2020 due to a decrease in revenue while the Company still recognized a stable fixed cost. • EBITDA margin in Q3/2021 was 20.7%, decreased from 32.7% in Q3/2020 and in 9M/2021

transactions: 1. AEONTS provides the support on the business operation including marketing research and support as well as system support to ACS Capital and receives support fee for the amount of totally not

decreasing in earning from research fee by Baht 31.39 million, underwriting fee by Baht 20.75 million and increasing in earning from borrowing and lending fee by Baht 1.37 million. 3. The Consolidated and the