Management Discussion & Analysis of Business Operation Bangchak Corporation Public Company Limited For the first quarter ended March 31st, 2018 Management Discussion and Analysis of Business

1 Forth Smart Service Public Company Limited (FSMART) 1Q19 Management Discussion and Analysis Operational Summary in 1Q19  Net profit was Bt150mn, increasing 3.1% YoY  Total revenue from core

1 Forth Smart Service Public Company Limited (FSMART) 2Q19 Management Discussion and Analysis Operational Summary in 2Q19  Net profit was Bt145mn, decreasing 3.4%YoY  Total revenue from core

Microsoft Word - ACC-LT096_E_MDA-Q2'18.docx                         WIIK & HOEGLUND PUBLIC COMPANY LIMITED  90 CW Tower A  T + 66 (2) 6128600 Business ID 0107538000151    35th Floor, Ratchadapisek Rd

Aug 14, 2018 Subject Management Discussion and Analysis for the six months period ended June 30, 2018 To The President The Stock Exchange of Thailand Do Day Dream Public Company Limited (the “Company

Microsoft Word - ACC-LT014_E_MDA-Y2018.docx                         WIIK & HOEGLUND PUBLIC COMPANY LIMITED  90 CW Tower A  T + 66 (2) 6128600 Business ID 0107538000151    35th Floor, Ratchadapisek Rd

Discussion and Analysis For the Quarter Ended March 31, 2018 Operating Performance Revenues Revenue Structure by Business Operations Type of Revenue Consolidated Financial Statements For the quarter ended

Company Limited” to “Bangchak Corporation Public Company Limited”, this name change is meant to transform the company’s public image and give clarity to the company’s business operations; aside from

Transfer of Unicorn Enterprises Company Limited to U City (EBT of UE)  EBITDA was THB 387mn, an increase of 774.5% YoY or THB 343mn, largely as a result of the aforementioned reasons above  Reported net

higher earnings from operations. 1.9 Profit Sharing for non-controlling interest of a subsidiary company On Oct 1’ 2010, the company sold partial investment in a subsidiary company to Japanese alliance