Page 1 of 3 GEL.CS.006/2563 15 May 2020 Subject: Management Discussion and Financial Analysis for the operating results of the first quarter of 2020, ended March 31, 2020 To: Director and Manager The

period of 2020, the cost of service is 426.4 million baht which is close Management Discussion and Analysis Q2/2020 Page 5/6 to last year. If it is proportionate to income The Company has good human

Exchange of Thailand Attachment: Management Discussion and Analysis for the period ended 30 June 2019 Golden Lime Public Company Limited ( the “ Company” ) would like to report operating performance for 3

) 0.24 0.23 0.01 4% Note: Gross profit = Sales and service income – Cost of sales and services (does not include other income) 3.1. Analysis of Q4 2017 and 2016 results The key drivers of Q4 2017

Limited Management’s Discussion and Analysis (MD&A) Page 10 of 16 Weighted average financing cost at the end of 3Q19 stood at 2.96% Net debt to equity ratio stood at 0.45x Capital Structure As of September

from High-Valued Document. 2Q19 Revenue Breakdown Mil THB TBSPTKS 311 325 277 267 Q2 18 Q2 19 592 + 0.8% 588 T.K.S. Technologies Public Company Limited Management Discussion and Analysis Operating

Management discussion and analysis /Page 2 - Efficiently cost and expenses control measure such as managing staff productivity, marketing expenses control by shift to more social media and digital marketing

1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE For

(035) 350 880 Fax (035) 350 881 Website: www.aapico.com Management Discussion and Analysis for the 1st quarter of year 2017 2 Cost of sales and services Despite higher sales, cost of sales and services

1 / 7 Explanation and analysis of financial performance and status for Q3/2018 • Explanation and analysis of financial performance for the nine months at the end of 30 September 2018 • Explanation