167.73 and 128.39 THB mn or equivalent to 14.13 percent and 17.76 percent, respectively. The gross profit for the first nine-month of 2020 increased from the same period of the previous year. This is

Thailand M Vision Public Company Limited (“the Company”) would like to submit this Management Discussion and Analysis for the three-month and nine-month periods ended September 30, 2020 with details as

revenue from sales of land and houses as status quo in stock has been recorded as allowance for devaluation in financial statement of last year. This loss of revenue from sales of such land and houses did

profit margin decreased from 39.18% in 3Q18 to 36.25% in 3Q19. This is because the customers’ purchase orders had declined, and as a result, the overall utilization rate was lowered, and consequently the

from the Company’s profit 45.6 MB and profit from operation 92.8 MB of this year.  Cash Flow Based on the results for Q3/2019, the company’s cash flow is as follows: - Net cash flows from operating

providing information technology solutions for electronic devices Services income from providing information technology solutions for electronic devices was Baht 18.1 million, increasing +1.9% YoY. This was

of a larger data plan; this resulted in the ARPU uplift for these 5G subscribers by 10-15%. We still aim to achieve 2mn 5G subscribers by the end of the year. The key drivers would be a higher data

the third quarter of 2021 ending on September 30, 2021. It appears that the operating results of this period had a net loss of 39.81 million baht, but in the same period of the previous year had a net

1 Applicant’s personal record and audit firm’s profile Instruction a. If there is insufficient space for any section of the form, you may photocopy the relevant page(s) and submit as part of this

Company has assessed the impact from such delay in project completion. In relation to this project, there were unbilled contract revenue amounting to Baht 57 million, which the collectability are directly