COMPANY LIMITED ATP 30 PUBLIC COMPANY LIMITED AUTOCORP HOLDING PUBLIC COMPANY LIMITED B-52 CAPITAL PUBLIC COMPANY LIMITED B.GRIMM POWER PUBLIC COMPANY LIMITED BAAN ROCK GARDEN PUBLIC COMPANY LIMITED

104 -10.3% 50 53 6.0% Gain (Loss) on exchange rate -17 0 -100.0% -93 94 -201.1% B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis FINANCE COST AND TAX ABBREVIATION & OUR

-28.9% 29 49 69.0% Gain (Loss) on exchange rate (38) (6) -84.2% (14) 8 -157.1% B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis FINANCE COST AND TAX ABBREVIATION & OUR

operational staff. Additionally, in July, the Ministry of Finance approved the establishment of GPSC Treasury Center Company Limited (GPSC TC), a 100% owned subsidiary of GPSC set up to increase efficiency and

income tax, as it reclassified the investment in CK Power Public Company Limited (CKP) from an associated company to available-for-sale security. In addition to gain on fair value adjustment, BEM also had

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 2 Year 2020 Ended June 30, 2020 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

CREATIVE TEAM (A.C.T) COMPANY L... ADDA (THAILAND) PUBLIC COMPANY LIMITED ADISORN SONGKHLA COMPANY LIMITED ADVANCE FINANCE PUBLIC COMPANY LIMITED ADVANCE POWER CONVERSION COMPANY LIMITED ADVANCED ASSET

Share of profit on investment in associated company (27.61) 50.88 (78.49) (154.26) 132.50 64.03 68.47 106.93 Finance cost 58.36 55.46 2.90 5.23 114.50 97.25 17.25 17.74 Profit before income tax 10.47

83.95 51.57 32.38 62.79 132.13 117.88 14.25 12.09 Total expenses 194.66 152.85 41.81 27.35 515.15 490.90 24.25 4.94 Share of profit on investment in associated company 101.59 54.22 47.37 87.37 234.09

Ratchaburi Power Company Limited, a joint venture, in a portion of 25 percent, decreased in the amount of Baht 110.09 million. The main reason was the decrease in revenue from finance lease contracts in the