. (

greater proportion than the reduction in costs of sales, which includes fixed expenses. In addition, the proportion of take-home products, which have a higher average cost than sit-in products, increased in

cost rose near the end of the year causing inconsistency between the retail price at service stations and rising finished product costs. Power Plant Business Group recorded increase in electricity sales

period of 2017. This is the result of loss from investments in an associate and a joint venture, recorded in the income statement by using equity method. However, the company has fully completed the

improvement. Other Transaction In Year 2018, the company recorded Baht 34.0 million from gain on changes in fair value less costs to sell biological asset, gain on sales deposits from land Baht 22.2 million and

investments in joint ventures (37.87) - - - (37.87) - Finance costs (101.22) (76.74) - - (101.22) (76.74) SHARE OF LOSS OF INVESTMENT IN JOINT VENTURES ON EQUITY METHOD (2.62) (11.51) - - (2.62) (11.51) GAIN

, continued trading zinc metals to support local customers, with trading sales increasing to 30% of total. In line with lower sales volumes, costs of goods sold decreased by 9% from 1,127.70MB in Q2 2016 to

(Xayaburi). As of June 30, 2017, EGCO Group’s portfolio consists of 26 operating power plants, with a total contracted capacity of 4,250 MW equity and 6 construction projects, with a total contracted capacity

Y2017 + Increased / -Decreased Y2017 + Increased / -Decreased Employee benefits expenses 646.41 (91.38) 623.77 (85.56) Fees and service expenses 110.08 (9.25) 110.04 (9.25) Finance costs 23.18 3.86 23.18

Separate Y2017 + Increased / -Decreased Y2017 + Increased / -Decreased Employee benefits expenses 903.14 (91.16) 873.15 (85.11) Fees and service expenses 146.24 (13.28) 146.18 (13.28) Finance costs 31.14