had cash and cash equivalents amounting to Baht 837 Million, representing a decrease from the end of the previous year by Baht 1,790 Million. Significant Financial Ratios* For the third quarter of the

-1- AIT (VP-SEC) 035E/2023 November 7, 2023 Subject: Management's Discussion and Analysis of Operating Results for Q3-2023 To: The President of the Stock Exchange of Thailand Summary of Operations Q3

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 4th quarter and year ended December 31th, 2019 2 Management Discussion and Analysis of Business Operation for

%) from 31 December 2018. Cash and cash equivalents decreased by THB 927 million, where cash inflow from operation was offset by cash outflow for PPE and 2018 dividend payments and 2019 interim dividend

Malee Group Public Company Limited and Its Subsidiaries Management Discussion and Analysis For the Third Quarter and Nine-Month Period Ended 30 September 2017 1. Q3/2017 Highlights Figure 1

) **Included translation adjustment of (THB -1.6mn) For the twelve months ended 31 March 2018, cash and cash equivalents was THB 757mn, a decrease of 5.3% or THB 42mn. Cash from operating activities was THB

Ratios Debt to Equity times 0.42 0.42 0.45 Interest coverage times 531.88 227.59 95.03 Dividend payout (%) 55.85%* 55.65% 67.84% * Pending for approval from the 2019 annual shareholders’ meeting Operating

management for the year 2017 To: President Stock Exchange of Thailand The Company would like to clarify the following reasons for changes to profit (loss) in the consolidated financial statements for the year

and Analysis For the Year Ended December 31, 2018 Page 14 4. Analysis of Cash Flows Cash and cash equivalents of the Company and its subsidiaries as at December 31, 2018 were Baht 11,695.25 million

Dusit Thani PLC Management Discussion and Analysis For 4Q19 and FY2019 P a g e | 1 Executive Summary 2019 marked our first year in the second phase of the Company’s 9-year strategic journey (2019