under a 25-year PPA. These projects were able to achieve COD as scheduled in PPA while the construction cost was also in line with the budget approved by shareholders. 2019 will be the first full year

and new customers. We have always been monitoring and analyzing IU volumes closely. Proactive cost saving plans were implemented with potential expense savings of THB 34 million by extending useful life

cost management for electricity generation of our gas- fired power plants which contribute approximately 70% of our portfolio capacity. Land Lease Agreement for U-Tapao hybrid project On June 26, 2020

business growth, while flat 0.3% QoQ from higher SG&A in line with growing top line. EBITDA margin was at 53%, improving YoY from continual focus in profitable revenue, effective cost management, and

9,795 - 9,795 100% Total revenues 9,799 1 9,798 100% Cost of sale - - - - Other expenses (21) (8) 13 100% Total expenses (21) (8) 13 100% Profit (Loss) before the effects of foreign exchange, deferred

same period of 2017, due to the increasing of the quantity of Sales by 17%. 2. Cost of goods sold was Baht 1,275.68 million which the gross profit margin was decreased to 10.06% when compare to the same

follow; Financial Overview Items Q1.2018 Q4.2017 + / (-) % Q1.2017 + / (-) % Sales 1,146.9 970.9 18.1 986.9 16.2 Cost of Goods Sold 894.7 778.8 14.9 799.5 11.9 Selling and Administration Expenses 49.8 43.5

current investment which is cash received from the private placement capital increase in Q1/2018. 2. Cost of sale , Profit margin In Q1/2018 the company had cost of sale Baht 78.13 million compare with the

production management. - Seafood business recorded its GPM of Baht 67.5 million, 22.3% increased from Q1/2017 or by Baht 12.3 million mainly due to effectiveness in raw material and production cost management

THAILAND Tel: 02-0195000 Cost of Sales and Services The cost of sales and service increased from THB 1,368.5 Mn in 9M17 to THB 1,659.9 Mn in 9M18, an increase of THB 291.3 Mn or 21.3%. This increase was