Public Offering (IPO) in September,2017. Also, repay loans from financial institutions and no incurring interest expense in Q4/2017. Net Profits For the Year 2017, the net profit was in amounts of Baht

Other Revenue. 4 Other Incomes mainly consists of Interest Income from Loans to GHECO-One and Dividends Received from Investments in Glow IPP. 5 Normalized Profit attributable to Owners of the Parent

exchange gain/(loss) (0.35) 0.32 -191.43% Other income 2.36 3.11 31.78% Earnings before interest and taxes 64.97 237.44 265.46% Financial expense (2.30) (2.31) 0.43% Profit before income tax expense 62.67

subsidiaries’ total earnings amount to Baht 169 million, consisting of Baht 168 million contract revenue and Baht 1 million of other income and interest. This is a decrease of Baht 166 million (50%) from Q3/2018

2019 amounted to Bt62.7 million and Bt136.4 million, an increase of Bt27.9 million and Bt31.8 million or 80.2%(y-o-y) and 30.4%(y-o-y) respectively. Due to the Group started recognizing interest expenses

ordinary shares of 1,437,456,000 shares under IPO with a par value of THB 5.00 per share and IPO price at THB 5.20 per share. This capital raising will reduce interest bearing debt to equity ratio of both

of the previous year due to the Company needed funds to support project, therefore, increased external borrowing and overdraft with a relatively high interest rate. - At the end of the year of 2019

financing costs incurred compared to the fiscal year 2 0 1 8 and 2019 were 0 . 3 % and 0.9% respectively. The main reasons were interest expenses from financial instituion which occurred from subsidiaries

250.00% Net foreign exchange gain/(loss) 0.32 0.93 190.63% Other income 3.11 5.87 88.75% Earnings before interest and taxes 237.44 124.30 -47.65% Financial expense (2.31) (1.86) -19.48% Profit before

950 million, consisting of Baht 888 million of contract revenue, Baht 55 million of gain on sales of land and Baht 7 million of other income and interest. This is an increase of Baht 70 million (8