% Depreciation & amortization 9,572 9,758 9,749 1.8% -0.1% 27,471 29,374 6.9% (Gain) loss on disposals of PPE -3 0 25 -875% n/a 40 25 -39% Management benefit expense -30 -40 -43 44% 8.5% -112 -123 10% Other

Bt78,463mn grew 6.3% supported by cost management, with margin 42. 8% vs guidance of to maintain EBITDA margin. Net profit was Bt31,051mn, increased 4.6% YoY and invested CAPEX was Bt20mn versus the guidance

- ร่าง - 1 Nov 9, 2018 Subject Management Discussion and Analysis for the period of three months and the period of 1st half ended 30th September 2018 To President of the Stock Exchange of Thailand

loans drawn down to fund business operation, our consolidation of Nguyen Kim and dividend payment. 8. Share of profit of associates and joint ventures was THB 79 million, an increase of THB 51 million or

information and communication technology Installation of the New Parliament Phase 2, the Project of the development of train tracking system and cargo management of the State Railway of Thailand, the GDCC

Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the 2nd quarter ended June 30th, 2018 Management Discussion and Analysis of Business Operation

increased by Baht 11.24 million or an increase of 2.73 percent. Details of the changes or impacts are described in the Management Discussion and Analysis (MD&A) as attached herewith. Please be informed

the Management Discussion and Analysis (MD&A) as attached herewith. Please be informed accordingly. Yours faithfully, For and on behalf of Diamond Building Products Public Company Limited (Mr. Satid

increase by Baht 42.70 million or an increase of 11.57 percent from the same period of previous year, due to effective management of production cost and selling expenses. Details of the changes or impacts

Osotspa Public Company Limited Management’s Discussion and Analysis (MD&A) Q1’20 Consolidated Financial Results 12 May 2020 Q1’20 Management Discussion & Analysis Page 1/6 Financial Highlights