Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the year ended December 31st, 2018 Management Discussion and Analysis of Business Operation for

screen, to ensure that sensitive or critical information shall not be appeared on the computer screen when unattended or not in use. 8. Operations security 8.1 Operational procedures and responsibilities

be appeared on the computer screen when unattended or not in use. 8. Operations security 8.1 Operational procedures and responsibilities Objective: To ensure correct and secure operation relating to

attached hereunder: “ intermediary ” means a securities company or a derivatives intermediary. “ fund management company ” means a securities company licensed to undertake securities business in the category

Ventures Public Company Limited for the third quarter of 2018 We are pleased to submit: 1. Consolidated and Company only Annual Audited Financial Statements for the third quarter of 2018 (a copy in Thai and

detailed information relating to the issuing company of the securities and the conditions of securities, including the suitability for investment and the relevant risk exposure. The effectiveness of this

of industrial water’s sales volume mainly from newly Commercial Operation Date (“COD”) of 2 SPPs (GNLL2 and other SPP), existing customers and new IEs customers. For Power Business, the Company

Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussion and analysis regarding consolidated financial performance and position of the Company and subsidiaries

time, we have focused on collaboration and synergy with other companies within KASIKORNBANK FINANCIAL CONGLOMERATE, Muang Thai Life Assurance Public Company Limited and our business partners, for service

% FBB net addition 103,100 114,500 83,300 -19% -27% FBB ARPU (Baht/user/month) 444 418 407 -8.2% -2.5% FY22 Operational Summary In FY22, total mobile subscribers reached 46mn, representing a total net