Microsoft Word - MD&A Y2017 _E_ Final Ratchaburi Electricity Generating Holding PCL Management Discussion and Analysis For the Year Ended 31 December, 2017 Management Discussion and Analysis For the

marketing activities while increased 9%QoQ from seasonality and 5G launch campaign. Admin and other expenses saw –22%YoY decrease from improving bad debt provision and efficient cost management while declined

(THIS REPORT DISCUSSES PRINCIPAL CHANGES TO THE UNREVIWED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE FIRST QUARTER ENDED 31

(THIS REPORT DISCUSSES PRINCIPAL CHANGES IN THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR ENDED 31 DECEMBER

(THIS REPORT DISCUSSES PRINCIPAL CHANGES IN THE AUDITED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR ENDED 31 DECEMBER

business growth, while flat 0.3% QoQ from higher SG&A in line with growing top line. EBITDA margin was at 53%, improving YoY from continual focus in profitable revenue, effective cost management, and

: 0107556000248 No. (SUTHA-SET) 025/2017/Eng 11 August 2017 Subject: Management Discussion and Analysis of the Company and subsidiary for the three-month period and six-month period ended 30 June 2017 To: The

Operating Profit 10,879 9,202 10,063 -7.5% 9.3% 10,024 (39) Depreciation & amortization 8,079 8,919 8,847 10% -0.8% 8,847 - (Gain) loss on disposals of PPE - (20) 29 NA -245% 29 - Management benefit expense

profit from investments in associates and JVs /2 Gross profit including share of profit from investments in associates and JVs /3 Excluding FX impact and one-time gain/(loss) items In the first 9 months of

2017 following a focus on quality acquisition in both mobile and fixed broadband. Net FX gain was Bt119mn decreasing from Bt225mn in 2017. FX gain/ loss was incurred from CAPEX payables due to currency