%) Gain (loss) for the years 366 (1,048) 135% Management’s Discussion and Analysis (MD&A) for year 2017 (Revised) 17 Table 4: Summary of Consolidated Financial Results Unit: Million Baht 2017 2016

to net realizable value based on inventory aging; and higher employee benefit obligations under severance pay of Baht 20 million for employees serving 20 years or more from 300 to 400 days, according

the amount of Baht 1,360 million during Q3’2017. The remaining proceed will be reserved for our investment in a next few years Development of SPP Replacement Projects Energy Regulatory Commission (ERC

Trust for 10 years according to the Property Manager Agreement (in addition, the term may be extended for another 10 years with the extended terms and conditions to be stipulated in the Property

period of 30 years. The Project, production and distribution of water supply, has water sources from old mine area about 340 Rai lacated on Amphoe Tai Meang, Phang-Nga to use as reservoir for pruduce and

developer that has a long history of success and business experience over 60 years in Asia and many country in the world such as Japan, China, Hong Kong, Vietnam, USA and Australia, and one of top 3 developer

THB from the sales volume of the previous years. 3) Backlog as of 31 December 2018 As of 31 December 2018, the backlog of the Company and subsidiary companies is 9,500 million THB from residential

Treekacha Co., Ltd. has agreed to rent out a plot of land with the size of 3 rai and 7.5 sq.wa located on Rama 4 road, Prakhanong sub-district, Klongtoei, Bangkok for the period of 55 years to Dolsiri

energy (including large hydropower) is targeted to be 19,684 megawatts in 2036. In 2018, the government has announced the plan to suspend the purchase of renewable power during the next five years because

employees who worked for an uninterrupted period of twenty years or more and their employment were terminated due to retirement. This caused a onetime expense in the amount of THB 39.60 million in Q2 2019. As