from Utilities Business. 4 Other Incomes mainly consists of Interest Income from Loans to GHECO-One and Dividends Received from Investments in Glow IPP. 5 Revenue Levelization adjustments under TFRS 15

September 2019. As of 29 November 2019, the company has been selected as one of 98 listed companies in the list of Thailand Sustainability Investment, known as "2019 Sustainable Stocks,” as shares of

of the Group The Group has principally engaged in distribution of product and equipment, design, assembly and installation, and maintenance service of pure water treatment system; including operate

and Service Fees for Wastewater Management. 3 Gross Profit from Operation excludes Other Income from Utilities Business. 4 Other Incomes mainly consists of Interest Income from Loans to GHECO-One and

Company has a subsidiary, Aurum and Aurum Company Limited (together with the Company, the “Group”) which engages in distribution of bakery products and equipment. Analysis of Financial Performance Revenues

business can be divided into 2 categories including (1) television program production and distribution and (2) creative and marketing management communication services. In 2017, the Group generated revenues

% 1,337 -1.0% Selling and distribution expenses 884 924 -4.3% 903 -2.1% Administrative expenses 438 338 29.6% 434 1.1% EBIT 1,098 973 12.9% 1,073 2.4% EBITDA 1,339 1,236 8.3% 1,342 -0.2% Profit for the

international sales declined dramatically at 46.03% compared to the same period of the previous year. One of the issues was the delayed product delivery after the license was issued from China Food and Drug

the Company has increased distribution channels to export content since the second quarter of 2018. Costs of program rights business mainly consist of amortization, dubbing and translation costs. For

, GNLL2, Industrial waste-to-energy power plant (Chonburi Clean Energy (CCE)) and Solar Rooftop. Moreover, the Gheco One Power Plant also generated higher revenue from availability payment since there was