Microsoft Word - S - MDA 4Q19_EN Page 1 of 7 Singha Estate Public Company Limited Management Discussion and Analysis 2019 Executive Summary Singha Estate Public Company Limited (“the Company

Ref. FN. 023/2018 Management Discussion and Analysis For operation of the first quarter of year 2018 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

derived from the management service income and the trading income which was recognized for the first time in year 2018. 2018 2017 Change % Change Revenue 1,672.58 1,580.25 92.32 6% Cost 1,509.05 1,335.73

% 986.58 876.62 13% Gross margin 108.76 79.99 36% 417.39 332.84 25% % Gross margin 30% 25% 4% 30% 28% 2% Administrative expenses 40.51 38.10 6% 153.19 137.37 12% Earnings before interest, taxes and

14 November 2019 Subject: Management Discussion and Analysis for the 9-Month Period Ended September 30, 2019 To: Directors and Managers The Stock Exchange of Thailand Halcyon Technology Public

@halcyon.co.th No. CS-2563/013 14 August 2020 Subject: Management Discussion and Analysis for the 3-Month Period Ended 31 March 2020 To: Directors and Managers The Stock Exchange of Thailand Halcyon Technology

%, accounted for 2.16% increase, compared with 64.09% last year. The increase in gross profit margin was mostly because the Group had better cost management especially the reduction in the price of raw material

  Management Discussion and Analysis, Q3/2018 Page1

1 Management Discussion and Analysis for the period ended Q1/2021 Ref. SPVI 006/2021 Business Overview for Q1’2021 The operating results for the three-month period ended 31 March 2021 of S P V I

บริษัท เอน็ซีแอล อนิเตอร์เนชั่นแนล โลจสิตกิส์ จ ำกัด (มหำชน) NCL INTERNATIONAL LOGISTICS PUBLIC COMPANY LIMITED No.NCL-M 12/18 May 10, 2018 Subject: The clarification and analysis of the management