0.18 Loss on cancel of joint venture agreement - 15.84 (15.84 ) (1.00 ) Impairment loss of land held for development - 5.83 (5.83 ) (1.00 ) Loss from litigation 0.61 - 0.61 N/A Impairment loss of

68.9% - Power Plants under Constuction and Development (2.9) (1.7) 68.5% (7.3) (6.5) 12.5% 1 Definition of Normalized Profit attributable to Owners of the Parent is changed to Profit attributable to

Constuction and Development 0.1 (1.4) -110.1% 1 Normalized Share of Profit for 1Q2020 is adjusted with Foreign Exchange Loss / (Gain) and Impact Accounting Standard (TFRS 9 and TFRS 16) that related with Share

same period of last year. Industrial Development Business Q1 2018 Q1 2019 Increase/(Decrease) THB mm THB mm THB mm % Revenue 416.2 421.2 5.0 1.2% Gross Profit 181.6 186.8 5.2 2.9% Gross Profit Margin

to HREIT of THB 1,259 mm during first quarter of 2018. Furthermore, the gross profit margin stood at 7.7% for the first 9 months of 2019. Industrial Development Business Q3 2018 Q3 2019 Increase

and the operating results of the Company for the year ended 31 December 2019. The conclusion was detailed as follows: The Company's operating results for the year 2019, had a net profit of 17.2 million

the company and subsidiary for the year 2017 ended 31 December 2017. The company net profit of Baht 52.83 million when compared with the same period of year 2016 posted net profit of Baht 43.60 million

วันที่ 10 พฤษภาคม พ -Translation- 1 Ref. LPN/SorKor/025/2561 14th February, 2018 Re: Report of Financial Statement for Year 2017 Dear: President The Stock Exchange of Thailand L.P.N. Development

subsidiary for 1st quarter of 2018 ended 31 March 2018. The company net profit of Baht 31.94 million when compared with the same period of year 2017 posted net profit of Baht 7.29 million due to the following

DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1/2019 4 5. RAW WATER BUSINESS (Cont.) Gross Profit of Raw Water Business in Q1/2019 was 404.27 million Baht, increased