and private sectors. Dr. Pichit Akrathit, SEC Board Chairman, gave opening remarks, and Associate Professor Dr. Pornanong Budsaratragoon, SEC Secretary-General, elaborated on the symposium’s objectives

University, and a Master of Science and a Ph.D. in Industrial Engineering from Texas Tech University. Currently, he is also Associate Professor at NIDA Business School, the National Institute of Development

statements due to auditor?s limitation scope of review by VTE management. As such, the auditor was unable to apply other review procedures to satisfy the carrying value of investment in foreign associate

190 million due to 1) contribution from Nam Che 1 project which commenced operation on June 1, 2019, 2) an increase of water inflow and 3) no maintenance outage as happened in Q3’2018. ABBREVIATION

(Translation) No. Tor.For. 26/2017 22 December 2017 Subject : To sell shares of Myanmar SPA-Today-Far East Company Limited and SPA-Today-Far East (Thailand) Company Limited (Associate) to connected

% -24% Reversal of allowance for gain/(loss) from impairment of assets (101) (78) - N/A N/A Share of profit (loss) of associate 18 324 92 422% -72% Profit before finance costs and income tax expense 3,035

associate 0.03 (0.17) (0.21) -642.50% Finance costs (0.06) (0.06) (0.00) 1.40% Profit before income tax expense 24.98 2.38 (22.60) -90.46% Income tax (3.75) (0.46) 3.30 -87.87% Profit for the period 21.23

) change in accounting method for BGYSP earnings contribution from equity method to consolidation method after raising stake from 49% to 100% in Q3’2018 and 2) lower profits at our associate and our joint

operating performance that leads to value-added contribution to the shareholders. Such investment, when calculated transaction size with other transactions concerning acquisition and disposal of Asset during

and trailers from associate company amount of 12 million baht and gain on transfer of assets of about 5 million baht but this year had no such income. The administrative expenses increased approximately