for the year 2018 and a profit of THB 990 million for last year. The main results caused from: • Revenue from sales and cost of goods sold The Company had total sales volumes and total production

1 Ref FN. 031/2020 Management Discussion and Analysis For operation of the second quarter of year 2020 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

No. CAZ 002/2019 26 February 2019 Subject: Management Discussion and Analysis Year ended 31 December 2018 Attention: The President The Stock Exchange of Thailand CAZ (Thailand) Public Company Limited

asset to generate revenue and it is only a place to run a business, which the Company can change to other locations. Also, the Company’s main income-generating asset is personnel. The Company is currently

THB 575 million and THB 186 million for Q2-2017 and Q2-2016, in respectively. The main results caused from: • Revenue from sales and cost of goods sold The Company reported total sales volumes

be small or not even grow at all due to the closure of the flagship and the group main revenue contributor Dusit Thani Bangkok hotel on January 5, 2019. In addition, the Company plans to gradually

Baht 771 million from year ended 2018. The decrease of inventory of subsidiary was the main factor which decreasing in finished goods, raw materials and consumables. For the Company, inventories increase

PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q1/2018 GLOBAL POWER SYNERGY PUBLIC COMPANY LIMITED Management Discussion & Analysis

Analysis (MD&A) For Q3/2018 10 Operating results The Company reported a net loss of THB 311 million for 2nd Quarter of 2018 and a profit of THB 65 million for 3rd Quarter of 2017. The main results caused

Page 1 of 11 Singha Estate Public Company Limited Management Discussion and Analysis 1Q2020 Executive Summary Bank of Thailand, in late March 2020, slashed its forecast for Thai economy from the