Passakornnatee / Mrs. Eng Passakornnatee / Mr. Thiti Jiranonkan, they did not attend the meeting and did not vote in this agenda. 8. Opinion of the Board of Directors The Board of Directors (excluded the directors

million due to restructured Food Business of Central Kitchen for increasing efficiency in operation’s management. Net Profit (Loss) Net profit excluded non-recurring items (Normalized profit) in the fiscal

”) for the first quarter of year 2020 compared to the same period of prior year are as follows; The Group reported total revenues (excluded other revenues) at THB 177.4 million, decreased by THB 11.4

revenue from the real estate business (excluded revenue from construction service, service income and income from goods sold from subsidiaries) has been decreased and lower than company original estimated

excluded 1) Foreign Exchange Gain (Loss), and 2) One-Time (Gain) Loss items. Revenue from Sales and Services In 2018, Revenue from Sales and Services was Baht 1,708.3 million, a 4.6% increase from Baht

of such large plots of land and the lot sales of properties under such three projects are excluded, the Company will have the revenue from selling immovable property for the six-month period of Baht

the sale of such large plot of land and the lot sales of properties under such three projects are excluded, the Company will have the revenue from selling immovable property for the nine-month period of

-One and Dividends Received from Investments in Glow IPP. 5 Revenue Levelization adjustments under TFRS 15 of GHECO-One 6 Normalized Profit attributable to Owners of the Parent excluded 1) Foreign

1st Quarter Ended 31 March, 2019 Page 9 5. Significant financial ratios (excluded the effect of foreign exchange rate) 2019 2018 1) Current Ratio (Times) 2.36 3.02 2) Profit to Total Revenue (excluded

Company paid for interest expenses in the amount of Baht 408.87 million. Management Discussion and Analysis For the 1 st Quarter Ended 31 March, 2018 Page 9 5. Significant Financial Ratios (Excluded the