flow position because debt services declined follow with Availability Payment. For SPP business, total sale volume of 8 SPPs continue to grow but the negative impact from a planned maintenance shutdown

and Analysis For 1Q18 P a g e | 5 Shareholder’s Equity As of 31 March 2018, shareholders’ equity was THB 6,164 million, an increase of THB 283 million or 4.8% from 31 December 2017. Contributing to

) expects the Thai economy to contract by 6.7 percent. The main factors driving the economic downturn are the contraction in exports of services, predominantly tourism revenues following the sharp fall in the

sales and services (does not include other income) Q4 2019 Q4 2018 YoY change YoY % change €Unit: Million Thai Baht (THB) Sales and service income 228.64 266.92 -38.28 -14% Other income 0.51 1.16 -0.65

= Sales and service income – Cost of sales and services (does not include other income) Q2 2019 Q2 2018 YoY change YoY % change Unit: Million Thai Baht (THB) Sales and service income 229.27 292.69 -63.42

service income 232.44 229.27 3.17 1% Other income 3.27 2.00 1.27 64% Total revenues 235.71 231.27 4.44 2% Cost of sales and services 172.62 168.62 4.00 2% Gross profit 59.82 60.65 -0.83 -1% Gross profit

income – Cost of sales and services (does not include other income) Q3 2019 Q3 2018 YoY change YoY % change Unit: Million Thai Baht (THB) Sales and service income 219.09 301.56 -82.47 -27% Other income

Group”) as follow: Consolidated financial statements Q1-2021 Q1-2022 THB Mn THB Mn THB Mn % Sales of goods and services 1,214.9 1,518.7 303.8 25.0% Revenue from finance lease under power purchase

statements Q1-2022 Q1-2023 THB Mn THB Mn THB Mn % Sales of goods and services 1,518.7 1,638.2 119.5 7.9% Revenue from finance lease under power purchase agreement 102.3 102.4 0.1 0.1% Cost of sales and

. Consolidated financial statements Quarter 1 Quarter 1 Change (Unit: THB Mn) 2023 2024 Amount % Sales of goods and services 1,638.2 1,366.5 (271.7) (16.6%) Revenue from finance lease under power purchase 102.4