transfers of M Jatujak and Maestro03 Ratchada-Rama9 which completed construction in second half of 2017 and middle of 2018 respectively. There were also transfers from existing completed big projects mainly

P&L SNAPSHOT CONSOLIDATED P&L SNAPSHOT * The Company restated the financial performance from 26 January 2017 after the consolidation of VGM under the common control basis. 2018 PERFORMANCE ANALYSIS

396 million (equivalent to THB 209 million). This plot of land is to be used for a manufacturing site to support business expansion in India. Consolidation goodwill increased Baht 378 million as

Discussion and Analysis for the period 3 months September 30, 2017. as follows:- Million Baht By Consolidation method The Company Q3/2017 Q3/2016 Q3 Different Q3/2017 Q3/2016 Q3 Different Sales and service

Analysis for Year Ended December 31, 2017 as follows:- Consolidation Financial Statement (MB) The Company (MB) 2017 2016 Different 2017 2016 Different Sales and Service Income 4,731 3,713 1,018 27% 4,190

Analysis for the period 3 months March 31, 2018 as follows:- (Million Baht) Consolidation Financial Statement The Company Q1/2018 Q1/2017 Different Q1/2018 Q1/2017 Different Sales and service income 1,046.66

benefits of the warrant holders upon the occurrences of any of the following events: (1) When there is a change in the par value of the Company’s ordinary shares as a result of share split or consolidation

used to repay corporate loan, refinance existing corporate debts and project finance to reduce interest rate and extend tenors. Successful BGYSP acquisition BGYSP acquisition successfully completed in

acquisition of 70% shares in Angthong Power was completed in March 2020. This SPP power plant has power capacity of 123 MW and steam capacity of 55 ton/hr with a 25-year PPA of 90 MW with EGAT (with the

because of less in revenue and the price competition in the market. But, comparing with Q4/2017, our gross profit margin is higher from 5.61% to 18.04% due to the consolidation of profits of our subsidiary