and Services In 3Q 2018, the Company and its subsidiaries generated revenues of THB 2,083 million from the sales and services, which is increased from the same period of the previous year in the amount
quarter increased from the previous year from the commercial operation of various solar power plants both in Thailand and Japan, but decreased from the entering of rainy season which lowered the average
a Novation Agreement and any other agreements, which are necessary and related to the asset sale for the acceptance of ownership transfer in the ERU Project. However, the company will be able to enter
income until the gross profit being reported differently from the previous periods PAGE 2 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q1 2019 The Proportion of Gross Profit in Q1/2019 Operating performance by
accordance with new Thai accounting standards. According to the previous accounting standards, Q4/2019 total sales would have been Baht 1,350 million which was lower than Q4/2018 total sales of Baht 1,456
decreased by 56.64 million or -39.4 percent from previous year, compared with the net profit of Baht 143.59 million in previous year. This is due to the continuously slowing economy in the country throughout
asset value of Leyland agreed between the Subsidiary and the Sellers in the amount of 315,000,000 subtract with the Director’s Loan). In this regard, during the period where the ownership of Leyland’s
ownership of Lands and Buildings registration to Chote Pittayachai 3 Co., Ltd. at the authorized Land Office on 23 August 2019 The transaction mentioned above is considered as disposal of assets in accordance
proportion of 48.72 percent of PP3. The Company received the payment of disposal of the assets from KPM totaling of 12,781 million Baht, and already transferred the ownership since 10 April 2018. 3 | P a g e