E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business sector remained challenged by new modes of competition in a broader marketplace amid the advancing digi...

E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due largely to healthier growth of exports and tourism, especially in the first half of the year. Meanwhile, the government continued to implement measures to promote and strengthen the domestic economy through support of investment and private spending as well as bolstering opportunities for other econo...

DEVELOPMENT CORPORATION PUBLIC COMPANY LIMITED PCC: Precise Corporation Public Company Limited PERM: PERMSIN STEEL WORKS PUBLIC COMPANY LIMITED PIMO: PIONEER MOTOR PUBLIC COMPANY LIMITED PMTA: PM THORESEN ASIA

and Analysis (MD&A) For Q2/2017 2 - HRC cash margin (excluding depreciation) in Q2-2017 was achieved at THB 1,033/ton, lower by 72% from last year quarter. - Sale volumes (Coil tons) and production

been a completion of COD of 4 SPPs since the fourth quarter of last year i.e. Bowin Clean Energy performed in the fourth quarter of 2016, Gulf VTP achieved on schedule the second quarter of 2017, Gulf

to postpaid, 4G data consumption rose 17% YoY to an average of 12.7 GB/user/month while 4G penetration has increased to 71% of total subscriber base. AIS Fibre achieved 1 million subscribers AIS Fibre

 7 SPPs Power Plant generated Baht 171.3 million of Normalized Share of Profit, a 195.2% increase from 2Q2017 mainly from 5SPPs (Gulf VTP, Gulf TS1, Gulf TS2, Gulf TS3 and Gulf TS4) achieved their

SPPs from Reclaimed Water projects with capacity of 5,200 cubic meter per day at WHA ESIE achieved COD in June 2020  Reclaimed Water projects with capacity of 5,000 cubic meter per day at WHA EIE

, the Company achieved higher sales of raw material to Mikka Café franchise, which have relatively lower margins. • The Company’s EBITDA in Q4/2021 and 2021 were THB 58 million and THB 172 million

contract margin is expected and shall offset normalizing spot PET margins achieved in 2018.  IVL strong 3Q and YTD 2018 delivery, especially when considering global economic uncertainty, gives us confidence