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Governance Project" of the Securities and Exchange Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between
decreased by 77.0% YoY to THB 526mn, predominantly due to the decrease in revenue from hotel operations resulted from the impact of COIVD-19, and lower gain from exchange rates. These were partly offset by an
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October 30, 2020 Subject: The Management Discussion and Analysis for the second quarter ended June 30, 2020 To: President The Stock Exchange of Thailand Well Graded Engineering Public Company Limited (“the
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