Page 1 of 2 AC6305/006 May 14, 2020 Subject Clarification of the operating results for the quarter 1/2020 ended March 31, 2020 To Director/ Managing Director The Stock Exchange of Thailand According
December 12, 2018 Subject : Acquisition of 84.50% shares of WPS (Thailand) Co., Ltd. Attention : Director and Manager Stock Exchange of Thailand Enclosure : 1. Memorandum of the Acquisition of Asset
doubtful accounts 56.85 - 56.85 Earnings before interest and tax (12.13) 135.08 Finance costs - Main businesses 20.06 23.05 (2.99) -13% Finance costs - Solar energy 35.41 35.69 (0.28) -1% Profit before
24% YoY from the entire year’s realization of revenue from the cooperative solar projects in collaboration with the War Veterans Organization of Thailand (WVO), and the commencement of commercial
Collinsville Solar Power Project on December 12, 2018 and March 21, 2019, respectively, and the acquisition of RATCH Cogeneration Company Limited on October 1, 2019.These resulted in the increase in revenue from
/2017, GPSC will have scheduled maintenance while the company will recognize revenue from IRPC-CP for both Phase 1 and 2 and will start to recognize revenue from the solar power plant in Japan, Ichinoseki
Solar Co-op commercial operation in Thailand, and the Nikaho and Nagi Project in Japan. Along with further investments in Wind Power Plant Business in the Philippines, and Geothermal Power Plant Business
courses, uniforms and all security equipment for the hired employees. 3. Gross profit of Solar energy (“SE”) decreased Baht (1.12) million, which mainly comes from an incident of electrical short circuit
Business Group recorded an increase in retail sales volume, while industrial sales volume softened from the company’s products stock management during TAM, in order not to interfere with sales of the retail
. Power Plant Business Group recorded a superior electricity sales (+3% QoQ and 4% YoY), from the commercial operation commencement of Nagi and Gotemba solar power plant in Japan. For Solar power plant