for the Quarter 2’ 2018 Page 5 / 7 business strategy in new business. However, losses incurred from the expenditures that prepare and increase efficiency the management of the business is a priority. 4

Eng_MD&A Final Q3'19 November 13, 2019 Ref: SET-2019-011 Re: Management Discussion and Analysis for Quarter 3’ 2019 Attn. to: President The Stock Exchange of Thailand Filter Vision Public Company

) invested in a wholly owned subsidiary named Bangkok Air Catering Chiang Mai Company Limited (BAC-Chiang Mai) which has registered capital of 10 million baht. The objective of this establishment is to provide

of 410 megawatts, is a joint venture company among SK Engineering & Construction Company Limited (26 percent), Korea Western Power Company Limited (25 percent), Lao Holding State Enterprise (24 percent

OECD Principles of Corporate Governance as well as the OECD Guidelines on Corporate Govern- ance of State-Owned Enterprises. In addition to being a valuable venue for networking and knowledge-sharing

SERVICE SAHA-UNION GROUP UNION PLASTIC PUBLIC COMPANY LIMITED 11/1 SOI SERITHAI 62, MINBURI, BANGKOK 10510 บมจ. 346 Tel. 66-2-517-0109-14 Fax 66-2-5170529 Assets As of December 31, 2016, the Company held a

operator of Berkprai Cogeneration SPP Project, has signed Facilities Agreement with Bangkok Bank Public Company Limited. The loan amount is Baht 4,000 million for the period of 20 years from the agreement

depends on the nature of the item being hedged. In case of Cash Flow Hedges, only the effective portion of changes in the fair value of the derivative financial instrument is recognized in other

account, bond dealing, private repos and other investments. The Company’s DW business was significantly impacted by the extreme volatility of the Thai stock market during March 2020. The Company is a market

margin of 4.96%. While in year of 2017, the cost of contract work was 1,048.83 million Baht which was 87.91% of revenue from contract work, or a gross margin of 12.09%. The low gross margin is a tool