established any loss reserve in its accounts. Executive perspective for business trends in 2020 The Company's management foresees that the Company emphasis on caravan service at end of half year 2020 with

Companies Association (TLCA), the Association of Investment Management Companies (AIMC), the Government Pension Fund (GPF) and the Thai Investors Association (TIA) jointly promote the right protection

The first quarter of 2017/18 (ended 30 June 2017) 1 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 1Q 2017/18 2 AUG 2017 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS Advertising spending

mall management and effective operating costs control The Thai economy in 2Q17 continued to expand and recovered at a modest pace, driven by export of goods which showed a high expansion, and the tourism

accrued income from creative and marketing communication management service business. o Inventories The Group had managed its remaining inventories well. At the end of 2017, the Company had remaining

(Translation) Bangkok Expressway and Metro Public Company Limited Management Discussion and Analysis for the Quarter Ended on March 31, 2020 1 Significant events in the first quarter of the year 2020

carried out by the Company during this period; whereby the main brands that achieved revenues growth were: KFC, Mr. Donut and Pepper Lunch. As at the end of Q3/2017, the Food Business had a total of 846

(35.78) (1.88%) EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q3/2017 EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY

Utilities Business consists of Excessive Charge for additional Utilities demand and Service Fees for Wastewater Management. 3 Gross Profit from Operation excludes Other Income from Utilities Business. 4 Other

ที่บชง Page 1 of 4 Ref. Bor Chor Ngor 0048/2020 26 February 2020 Subject: Management Discussion and Analysis of Operating Results for Fiscal Year 2019 To President The Stock Exchange of Thailand