MDA


Analysis and explanation are discussed below. Based on financial statements Audited consolidated of the Company for the fiscal year ended December 31, 2019, 2020 and 2021 and related notes to the consolidated financial statements. which appears in section 3 of this document. The consolidated financial statements of the Company It has been prepared in accordance with Thai Financial Reporting Standards (TFRS). Investors should consider the following analysis and explanations in conjunction with the Company's financial statements and notes to financial statements. and information related to operating results

Management Discussion and Analysis Q1/2026

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