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Company Limited 1 19 Mco '15 T. Sobprab A. Sobprab Lampang 52170 Thalland Tel : i -66) 05"i-858996 Fax: ( 661 05!+-296556 !vrr1r'/. homepottery. com May 14,2018 Subject: Management Discussion and Analysis
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Analysis for the year 2019 Thai Energy Storage Technology Public Company Limited (the “Company” or “3K-BAT”) hereby submits Pro forma consolidated financial information for the year 2019. Because the Company
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(Ayutthaya, Thailand) 33% 34% 35% 34% 31% IC (Jiaxing, China) 4% 4% 6% 5% 6% HTI (Ohio, USA) 4% 5% 5% 4% 4% 100% 100% 100% 100% 100% Gross Profit / Cost of Sales Analysis and Sales and Administration Analysis
% 34% IC (Jiaxing, China) 5% 4% 4% 6% 5% HTI (Ohio, USA) 5% 4% 5% 5% 4% 100% 100% 100% 100% 100% Gross Profit / Cost of Sales Analysis and Sales and Administration Analysis The Gross Profit margin was 1