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Management Discussion and Analysis For the Financial Result of Quarter 3 Year 2017 Ended Semtember 30, 2017 Note: This Management Discussion and Analysis (MD&A) was made to disclose information and

properties and cost management In 1Q18, the Thai economy continues to expand, primarily driven by a number of supporting factors, namely 1) growth in exports with a record high in March 2018. 2) Growth in the

Management Agreement). However, PD is in the process of negotiating terms and conditions of Property Management Agreement. (D) Approved the sub-lease and service of certain roads in the BFTZ Approved PD to

expenses. As a result the operation in the first half of , increase as significantly. These successes are the result from management policies and key expenses in , to prepare us for market expansion and

- Translation - Page 1 of 4 CBG 013/2020 8 May 2020 Subject Management discussions and analysis for the 3-month period ended 31 March 2020 To President The Stock Exchange of Thailand We, Carabao

MANAGEMENT DISCUSSION & ANALYSIS 2Q 2019 14 AUGUST 2019 U CITY PCL 2Q 2019 - MD&A (for three-month period ended 30 June 2019) 1 U CITY PCL 2Q 2019 KEY FINANCIAL HIGHLIGHTS • Total revenue increased

Microsoft Word - ACE MDA Q220 - ENG_Final - 10.8.20 r1 1 No. ACE-ACC-3/2020 10 August 2020 Subject Management Discussion and Analysis for the period ended 30 June 2020 To President The Stock Exchange

operating profit from the period and dividend payment. Analysis of performance Gross Profit Margin was affected by two major factors: 1) A change in foreign currency exchange rates Table 1: Foreign currency

ที่ FPI Ref. FPI.011/2019 14 November 2019 Subject : Management Discussion & Analysis of Performance Results of Quarter 3/2019 To : Board of Directors and President of The Stock Exchange of Thailand