demand of palm oil, making production costs higher. 3. Cost of sales for ports and terminal service and ice cube factory in the fiscal year 2015 and 2014 was THB 24.26 million or 85% of revenues and THB

with unexpected problems that occurred in the production process during 2019. Consequently, the production cost per unit has increased Selling Expenses Selling expenses for the fiscal year 2019 were in

costs incurred during relocation of the production lines of Seasoning and Dipping Sauce to the new factory. In addition, the new factory was in the early stage of production; therefore, the production was

slowdown of Thailand economy. This affected the production of Thai automotive, as well as the sales and production costs of the Company during the fiscal year 2019 (1 October 2018 to 30 September 2019) as

Thailand economy. This affected the production of Thai automotive, as well as the sales and production costs of the Company during the fiscal year 2019 (1 October 2018 to 30 September 2019) as follows; 1

MDA_EN_4Q22 Management Discussion and Analysis Fiscal year ended February 28, 2023 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the audited financial

new factory at Amata City provided that such costs incurred during relocation of the production lines of Seasoning and Dipping Sauce to the new factory during the first half of 2017. Moreover, an

introduced monetary and semi-fiscal policies to cope with the economic downturn to support the economy. In the third quarter of 2019, the company recognized revenue from the production line installation

sales and services was ฿ 111.47 million, ฿ 22.40 million decreasing or 16.73%. The company's revenue from sales and services decreased as well as cost of production and services. According to the gross

9 WATTANAPAT HOSPITAL TRANG PUBLIC COMPANY LIMITED No. WPH – SET 002/2020 21 February 2020 Subject : Management Discussion and Analysis for the fiscal year ended on 31 December 2019. To : Directors