2,347.2 -2.2% Administrative expenses 242.7 307.7 293.4 +20.9% -4.6% 1,145.0 1,195.8 +4.4% Finance costs 41.4 50.5 45.5 +9.9% -9.9% 169.6 184.0 +8.5% Other expenses (reversal) (43.0) - - - - 166.5

million 4.10 2. The operation results (from the consolidated finance statements) Item Second quarter of 2019 Second quarter of 2018 Profit (Loss) for three months attributable to equity holders of the

expenses 2/ 291.0 271.0 243.3 -16.4% -10.2% 606.3 514.3 -15.2% Finance costs 48.1 84.7 77.3 +60.5% -8.8% 88.0 162.0 +84.1% Other expenses (reversal) 0.0 0.0 0.0 - - 0.0 0.0 - Profit before income tax

finance statements) Item 2019 2018 Profit (Loss) for the year attributable to equity holders of the Company (from the consolidated financial statements) Baht (515.22) million Baht 418.04 million Profit

Baht 5.79 million 11.25 2. The operation results (from the consolidated finance statements) Item Third quarter of 2019 Third quarter of 2018 Profit (Loss) for three months attributable to equity holders

financial statement as follow: Asset: Investments in associated company declined THB 54 million Shareholder’s equity: Retained Earnings declined THB 38 million None controlling interest declined THB 16

2.03 27% Core EBITDA/t (US$/t)) 107 100 94 14% 97 86 13% Net Operating Debt to Equity 0.84 0.80 0.99 0.84 0.99 Note: (1) Consolidated financials are based upon elimination of intra-company (or intra

also been a completion of COD of 5 SPPs since the second quarter of 2017 to the first quarter of 2018, adding the Company’s Equity MW under operation to 510.5 MW • Financial costs decreased by 30.8

117.79% Selling expenses 7.06 5.97 1.09 18.26% 6.15 0.91 14.80% 13.22 12.40 0.82 6.61% Administrative expenses 25.46 20.22 5.24 25.91% 24.96 0.50 2.00% 50.42 39.46 10.96 27.77% Net profit before finance

21.04% 7.06 1.28 18.13% 21.56 19.29 2.27 11.77% Administrative expenses 25.09 20.48 4.61 22.51% 25.46 (0.37) (1.45%) 75.52 59.94 15.58 25.99% Net profit before finance costs and corporate income tax (5.85