exchange rate, resulting in a decrease in net profit ratio (ROS) from 16.00% in 2018 to 14.78% in 2019. The total expense to total revenue ratio increased from 13.32% in 2018 to 17.46% in 2019. 1. Overview

Microsoft Word - ACE MDA Q220 - ENG_Final - 10.8.20 r1 1 No. ACE-ACC-3/2020 10 August 2020 Subject Management Discussion and Analysis for the period ended 30 June 2020 To President The Stock Exchange

Microsoft Word - ACE MDA YE21 - EN_Final 1 No. ACE-ACC-1/2022 28 February 2022 Subject Management Discussion and Analysis for the year ended 31 December 2021 To President The Stock Exchange of

retrospectively. The significant principles are as follows:- Derivative financial instruments are used to manage exposure to foreign exchange and interest rate risks, which are recognized initially at fair value

of loans taken by a project company in USD is aligned with incomes earned in the same currency, which naturally restricts the exchange rate risk of commercially operational projects; and 2) Use of

house and condominium unit attributed to the rise in total revenue. 3Q19 Net profit at THB 222m, or 38% decline YoY, primarily due to gain from exchange rate at THB 312m realized in 3Q18. The ESSE at

SAAM Energy Development Public Company Limited - 1 - 10 May 2019 Subject: Management Discussion and Analysis for the period ended 31 March 2019 To: The President The Stock Exchange of Thailand SAAM

SAAM Energy Development Public Company Limited - 1 - 9 August 2019 Subject: Management Discussion and Analysis for the period ended 30 June 2019 To: The President The Stock Exchange of Thailand SAAM

Company has more advertising in various media in order to publicize and promote the content, resulting in a decrease in net profit ratio (ROS) from 16.24% in 2017 to 16.00% in 2018. The total expense to

on exchange rate of THB 11.92 million and gain on short-term investment of THB 1.76 million. Expenses Selling and service Expenses Baht Million 9M/60 9M/61 +/(-) +/(-) % Expense from Event 3.47 19.23