accomplishment of cost management policy, 2 | MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR 2020 • Gross margin: UWC has recorded gross margin since Q1-2020 due to accomplishment of cost management policy

the same time. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) 3 / 12 The conversion of CPNRF into CPNREIT marks another success in managing assets effectively to

in back logs is one of the main reasons for the reduction in revenue of 103.53 million baht in the year ending December 31st, 2019. 2. The company has restructured internally to reflect the change in

users of the financial statements and reflect more clearly the business operation pattern and the business risks, especially classification and measurement of investment and allowance for impairment

same rules as much as possible, and (4) re-definition of the term, “major shareholder” based on “the number of the voting shares” instead of “the number of the outstanding shares” to truly reflect the

regard, the proposed guidelines can be used as a temporary and optional measure; once the situation improves, financial statements of listed companies will reflect their financial position and operating

Bangkok, November 14, 2014 ? The SEC revised the criteria for Turnover List preparation to better reflect current market environment. On December 4, 2014, the first Turnover List prepared under the

investment in all products. ?Improvement of the suitability test will not only provide the business operators and investors with more convenience, but will also better reflect investor demands. The test

SET to consider reviewing and checking whether or not the criteria still reflect true distribution of shares to minority shareholders amid the changing market conditions.”  The price of DELTA shares

until the accomplishment of the full installed capacity as planned of which it is scheduled to be completed by the end of 2024. However, the Joint Venture is under the further negotiation with the joint