%, mainly are from freight charges of G-G transactions. • 2. Financial performance by segment. 2.1 Revenue by segment Unit: million baht Detail for 3-month period ended June for 9-month period ended June 2018

) AI Energy Public Company Limited ทะเบียนเลขที่ 0107556000311 1.3 Sea Freight Service Revenues from Sea Freight Services operated by the subsidiary (AIL), in the 3rd quarter of 2019 and 3rd quarter of

and mechanisms to alleviate corruption risks directly and promote more efficient and transparent provision of public sector services. The Thai Institute of Directors is CAC secretary; - United Nations

Baht 60 million, loss decreasing from Q4/2018 that recognized net loss Baht 143 million. Greater performance resulted from efficient process improvement as well as selling and administrative expense

of Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 June 2020 of the Company and the

details as follows; 1. SAFE Energy Holdings Company Limited (SAFE) that ECF Power Company Limited (ECF-P), as the subsidiary of the Company, holds 33.37 percent of total shares of SAFE. At the present SAFE

tower, design and distribute steel structure according to the drawing, power distribution and heat energy business, construction and tunneling contractor and distribution of industrial products. In the

450.98 83.00 328.65 79.70 (122.33) (27.13) Labor costs 51.34 9.45 37.24 9.03 (14.10) (27.46) Depreciation costs 15.40 2.83 17.53 4.25 2.13 13.83 Freight expenses 1.54 0.28 1.94 0.47 0.40 25.97 Others/1

17.53 4.25 21.71 8.41 4.18 23.84 Freight expenses 1.94 0.47 1.89 0.73 (0.05) (2.58) Others/1 26.99 6.55 65.33 25.30 38.34 142.05 Total cost of sales 412.35 100.00 258.25 100.00 (154.10) (37.37) Proportion

% THB mm % Raw material and packaging 179.04 80.77 71.50 60.69 (107.54) (60.06) Labor costs 21.98 9.92 11.33 9.62 (10.65) (48.45) Depreciation costs 8.64 3.90 10.06 8.54 1.42 16.44 Freight expenses 0.68