MD&A Y2019 (E) - Final RATCH Group Public Company Limited Management Discussion and Analysis For the Year Ended December 31, 2019 Management Discussion and Analysis For the Year Ended December 31

investment from restructuring the asset structure of group companies. The profit from selling Dusit Thani Maldives Hotel to DREIT in 3Q19 was used for the new investments which some of them generated immediate

using the capital investment from restructuring the asset structure of group companies. The profit from selling Dusit Thani Maldives Hotel to DREIT in 3Q19 was used for the new investments which some of

PowerPoint Presentation MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q2/2018 GLOBAL POWER SYNERGY PUBLIC COMPANY LIMITED 0 THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP Management Discussion & Analysis

PowerPoint Presentation MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q3/2018 GLOBAL POWER SYNERGY PUBLIC COMPANY LIMITED 0 THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP Management Discussion & Analysis

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

services through Rabbit Group. Rabbit Group is a lifestyle solutions company that owning an extensive database of users and data analytics capability. The synergy with Rabbit Group enables MACO to provide

production volume in January and Unit : million Baht Q 1/2019 Q 1/2018 Group Revenues 3,398 8,148 Group EBITDA (85) 1,223 Group Net Profit (Loss) (803) 495 HRC Sales (k tons) 177 389 HRC Production Volume (k

708.7% yoy respectively. In correspondence to the group restructuring plan, the management has expected a stable or slightly growing Revenue over the next few years, considering an operational effect on

through private PPA with a framework to develop approximately 30 MW solar rooftop for Al Madina Group and to Cambodia by securing new solar project with 39 MW installed capacity, scheduled in Q4’2020