cost over the long term, which will in turn help reduce costs within the economic system.. Within this context, KBank and K Companies accentuate enhancement of our business capabilities to achieve

hotels showed effective cost control in both room and food and beverage management. Cost of sales In 2Q19, CPN reported costs of sales at THB 284 mn, a decrease of 63.3% YoY (for the first six months of

2.34 -2.5% Steam to IU - Thailand Baht/Ton 1,020.43 1,035.55 1.5% 1,029.17 1,035.55 0.6% Effective gas cost Baht/mmBtu 232.68 237.21 1.9% 231.23 237.21 2.6% B.GRIMM POWER PUBLIC COMPANY LIMITED

December 2017. CPN continues to emphasize on effective revenue generation through new shopping malls, enhancement of existing malls, as well as efficient cost management. CPN currently manages 32 shopping

- Thailand Baht/Ton 1,027.69 1,055.70 2.7% 1,035.55 1,078.14 4.1% Effective gas cost Baht/mmBtu 235.45 244.29 3.8% 237.21 250.98 5.8% B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis

-disciplined approach for cost management focusing on spending to enhance public health, improve working efficiency, as well as slowdown discretionary spending during the period of economic stagnation

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

significant impact on economic activity in the second quarter of 2020. As the outbreak has intensified the government has been implementing stricter measures to tighten control over the pandemic, causing severe

the drop in natural gas cost and maintenance cost that varies to the operating hours. Consequently, the gross profit increase by Baht 18 million or 9% from Q2/2017. • Rayong Central Utilities Plant

rates during 1Q20. Interest expense totaled Baht 1,301 million, a decline of 6.1% yoy, with cost of funds declining to 2.0% for 1Q20 comparing to 2.3% for 1Q19 from effective cost management in line with