operations 452 86% 89 22% +405% Revenue from sales of food and beverage 28 5% 8 2% +233% Revenue from management service 3 1% 7 2% (63%) Other income 8 1% 23 6% (67%) Total revenue 525 100% 407 100% +29

(Translation) NEP-AC 003/2563 13 Aug 2020 Subject: Management Discussion and Analysis for Q2 end of 30 June 2020 To : The President The Stock Exchange of Thailand Operating Result NEP Realty and

4,203 Q2/2016 Q1/2017 Q2/2017 -2% YoY -1% QoQ -1% GLOBAL POWER SYNERGY PLC. Q2/2017 Management Discussion & Analysis (MD&A) Other non-operating income and expenses Other non-operating income and expenses

1 | MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1-2020 Management Discussion and Analysis Q1-2020 14 May 2020 KEY EVENT IN Q1-2020 After UWC announced a corporate and business strategy restructuring in

who has at least 50 million baht in total assets or 4 million baht in annual income or 10 million baht investment in securities , the amount of which can be combined with spouse?s) , or (ii) a juristic

Development) million baht 6,976 7,319 6,599 Operating expenses to sales (%) 14.16% 15.61% 14.06% Operating profit margin (%) 11.31% 10.87% 13.23% Other income to total revenues (%) 2.22% 1.60% 2.20% Net profit

Page 1 of 8 Singha Estate Public Company Limited Management Discussion and Analysis 3Q2019 Executive Summary Singha Estate Public Company Limited (“the Company”) reported 9M19 total revenue of THB

Operation for 1Q/2018 Bangchak Corporation Plc. I 2 Table of Content Management Discussion & Analysis of Business Operation 03 Executive Summary 05 Statement of Income 07 Business Performance 07 Refinery

6 months of 2019. P a g e | 14 - Management Discussion and Analysis 2Q2020 - Consolidated Statement of Income Exhibit 7 : Consolidated Profit & Loss Statement comparison of 2Q2020, 2Q2019 and 1Q2020

13.03 0.19 1.82 -2.41 -18.50 21.05 22.78 -1.73 -7.59 Financial Cost 0.22 0.22 1.89 - - -1.67 -88.36 0.45 3.16 -2.71 -85.76 Profit (loss) before income tax expenses -14.29 -15.87 -23.78 1.58 -9.96 9.49