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

Management Discussion and Analysis For the 2nd Quarter 2023 ended August 31, 2023 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the consolidated reviewed

Baht 3,056 million, dividend income from TEX of Baht 36 million, and interest income of Baht 5 million, while cash was paid for assets and project investment of Baht 304 million, dividend payment

equivalents has decrease due to paid annual bonus to the employees and management amount of Baht 9.49 million, dividend paid to the shareholders in May 2017 amount Baht 6.79 million, purchase of land in Chiang

Page 1 of 11 - Translation - Ref. WINNER 0029/2019 November 14, 2019 Re Management Discussion and Analysis (MD & A) for Q3/2019 period and for the nine-month ended September 30, 2019 To The President

-Translation- Ref. WINNER 028/2020 November 12, 2020 Subject: Management Discussion and Analysis for the 3-month period and 9-month period ended 30 September 2020 To: The President The Stock Exchange

) remained healthy at 0.7x. Total equity was at Bt79,967mn, which decreased -6.8% due to a decrease in retained earnings appropriated for the dividend. Cash flow In 1Q23, cash flow from operation (after tax

revenue generation through new shopping malls, enhancement of existing malls, as well as efficient cost management. CPN currently manages 32 shopping malls with the net leasable area (NLA) of approximately

Global Green Chemicals Public Company Limited Management Discussion and Analysis For the Operating Results of 2Q2020 P a g e | 2 - Management Discussion and Analysis 2Q2020 - CONTENTS Executive

Management Discussion and Analysis of Business Operation for the 2nd quarter of 2017 Bangchak Corporation Plc. 1 | Bangchak Corporation Public Company Limited Management Discussion and Analysis of