and cash equivalents was THB 2,632mn, an increase of 247.5% or THB 1,874mn. Cash from operating activities was THB 746mn, increasing by 6.0% or THB 42mn. After deducting cash paid for corporate income

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 1/2020 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural

2019, the Company had total assets of THB 24,324 million, an increase of THB 868 million (or +3.7%) from 31 December 2018. Cash and cash equivalents decreased by THB 1,667 million, where cash outflow for

“Company”) submitted its separate financial statement and its consolidated financial statement for the first quarter of 2019 ended on 31 March 2019 which were reviewed by the auditor. The Company hereby

- Translation - Management Discussion and Analysis of the Company’s Performance for the three-month period ended 31 March 2020 - Translation - JKN GLOBAL MEDIA PUBLIC COMPANY LIMITED Management

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 2/2020 09 - Refinery & Trading 14 - Marketing 16 - Power Plant 18 - Bio-based Products 20 - Natural

65mn) **Included translation adjustment of (THB -1.3mn) For the nine months ended 31 December 2017, cash and cash equivalents was THB 1,581mn, an increase of 98.0% or THB 783mn. Cash from operating

1 of 9 Management’s Discussion and Analysis for the performance of the year 2019 Business Overview For the ended of the year 2019, S Hotels and Resorts Public Company Limited (“the Company”) had total

-1- AIT (VP-SEC) 013E/2018 May 8, 2018 Subject: Management's Discussion and Analysis of Operating Results for Q1-2018 To: The President of The Stock Exchange of Thailand Summary of Operations Q3

-1- AIT (AVP-SEC) 023E/2017 10 August, 2017 Subject: Management's Discussion and Analysis of Operating Results for Q2-2017 To: The President of The Stock Exchange of Thailand Summary of Operations Q2