) AAPICO HITECH PUBLIC COMPANY LIMITED Ref No: AH 02082023 August 11th, 2023 Subject: Management Discussion & Analysis (MD&A) for the Financial Statements of the 2nd Quarter of Fiscal Year 2023 Ended as of
No: AH 02082024 August 13th, 2024 Subject: Management Discussion & Analysis (MD&A) for the Financial Statements of the 2nd Quarter of Fiscal Year 2024 Ended as of June 30th, 2024 To: The President The
No: AH 02112024 November 12th, 2024 Subject: Management Discussion & Analysis (MD&A) for the Financial Statements of the 3rd Quarter of Fiscal Year 2024 Ended as of September 30th, 2024 To: The
1,400mn and media spaces of more than 140,000 sq.m. The Company completed such transaction on 30 June 2017. COMASS (Mega Static Billboard) COMASS (LED Screen) The Securities and Exchange Commission of
Million but there was no such transaction in this year. (Translation) Bangkok Expressway and Metro Public Company Limited Management Discussion and Analysis for the year 2017 3 Segmental performance 1
responsible according to the concession agreement (same amount of interest income as described above). However, if not included this transaction, financial cost decreased by Baht 189 Million from principle
, equal to 20 percent of its issued and paid-up share capital from its existing shareholders. As a result of this transaction, the Company’s shareholding in BMN increased from 69.67 percent to 89.67 percent
corresponding period of the previous year, mostly from revenue from Big Lot of Trading which was a non-regular transaction decreased Baht 854.14 million, together with the decrease of regular transactions of
investment in the year 2019 but no such transaction in this year together with the effect from COVID-19 outbreak which led to the decrease in traffic and ridership volume resulting to the decrease in revenue
statements. Overall market environment The Thai economy during the third quarter of 2018 continued to expand particularly from domestic demand. Private consumption grew mainly from the durable goods segment