was Baht 0.1 million, decreasing -38.6% YoY as clients in property development sector cut their media spending due to the situation of Coronavirus disease 2019 (COVID-19) outbreak. Gross loss was Baht

the second quarter of 2021 ending on June 30, 2021. It appears that the operating results of this period had a net loss of 14.46 million baht, but in the same period of the previous year had a net loss

the third quarter of 2021 ending on September 30, 2021. It appears that the operating results of this period had a net loss of 39.81 million baht, but in the same period of the previous year had a net

, performance improved from both the Biodiesel Business and the Fuel Ethanol Business. However, the Biodiesel Business was still suffered from inventory loss from the declining of the crude palm oil price. The

: * Normalized net profit = Net profit – Unrealized gain / (loss) from FX – Non-recurring income / (expense) B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis 2017 2018 % change Q3’2018

) 2017 2016 2017 2016 2017 2016 Amount % Total Revenues 32,331 25,373 1,072 968 33,403 26,341 7,062 27% Total Expenses (30,541) (23,693) (923) (867) (31,464) (24,560) 6,904 28% Share of Profit (Loss) 7,264

(6.8) (24.7) (138.0) Non-Controlling Interests (0.0) (0.0) 0.0 (2.2) Profit attributable to Owners of the Parent 272.5 716.2 443.7 162.8 Foreign Exchange Gain (Loss) 240.0 250.6 10.7 4.4 Normalized

loss from investments in joint ventures, 200.2 706.9 506.7 253.10 407.2 1,232.6 825.4 202.73 Share of loss from investments in joint ventures - ( 2.5 ) ( 2.5 ) 100.00 - ( 2.5 ) ( 2.5 ) 100.00 Profit

% (20,872) 10.63% (9,226) 44.20% Selling expenses (16,124) 4.41% (4,934) 2.51% (11,190) 226.79% Administrative expenses (78,816) 21.57% (63,952) 32.57% (14,864) 23.24% Share of profit (loss) from investment

2. Operating results of the three months ended March 31st Descr iption First quarter of 2020 First quarter of 2019 Profit (Loss) for three months attributable to equity holders of the Company (from