in order to increase sales, in the meantime focus on control system and reduce expenses to conform actual incomes which decreased. Performance Analysis Unit : MB For the quarterly Change For the six

Unit : MB For the period ended Change 31 March 2020 31 March 2019 MB % Net sales 195.84 238.99 (43.15) (18.06) Revenue from services 2.05 - 2.05 100.00 Other income 10.32 9.49 0.83 8.77 Total revenues

of 2017. The change was due to the decreased lease receivable, calculated according to the Effective Interest Method. Management Discussion and Analysis For the Three-month and Six-month Periods Ended

Assistant Professor Dr.Kusuma Palaprom the resigned Company’s Director effective since 30 October, 2017 2. Appointment of Assistant Dr. Chalermkiat Wongvanichtawee as the Independent Director to replace the

% Effective gas cost Baht/mmBtu 245.98 236.59 -3.8% B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis ABBREVIATION & OUR PROJECTS EXECUTIVE SUMMARY FINANCIAL PERFORMANCE FINANCIAL

to IU - Thailand Baht/Ton 1,161.88 1,035.55 12.2% 1,185.75 -2.0% Effective gas cost Baht/mmBtu 281.52 237.21 18.7% 278.60 1.0% B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis

; According to the Board of Directors’ Meeting of Oishi Group Public Company Limited No. 1/2016, which was held on 25 February 2016, has approved the change in the Company’s accounting period from 1 January and

of business operation and financial statement from January 1, 2020 is under Financial Reporting Standard No.9 RE: International Financial Reporting Standard 9 (IFRS 9) and 16 RE: Leases as effective

the revenue from equipment rental while the cost of roaming is presented under network OPEX. The net financial impact before and after the agreements’ effective date does not materially change. 4. The

product from the old production line to the new one; and higher excise tax as well as sugar tax following the Excise Act, B.E. 2560 which was effective since 16 September 2017. However, cost increase is