private consumption and private investment. Private consumption grew notably in durable goods segment (especially in vehicles) while growth in non-durable and semi-durable goods contracted partly from the

olefin businesses serving our EG integration and importantly our diversification in growth businesses of surfactants, green fuels and urethanes is reaffirmed, and has allowed us to diversify our portfolio

Income from Loans to GHECO-One and Dividends Received from Investments in Glow IPP. Revenue from Sales and Services In 2Q2018, Revenue from Sales and Services was Baht 423.5 million, a 4.4% increased from

-One and Dividends Received from Investments in Glow IPP. 5 Revenue Levelization adjustments under TFRS 15 of GHECO-One 6 Normalized Profit for 2018 is adjusted with Write Off tax and Adjustments of

, which decreased by 9.0% and 11.1%, respectively, from the same period of previous year. The main reason was due to the asset monetization to WHA Premium Growth Freehold and Leasehold Real Estate

repaying short-term loan (Bridge Financing) that the company used to acquire Glow Energy Public Company Limited (“GLOW”) was completed in Q4/2019. The company has been successful following the capital

, or 5.2 % increased from Q1/2017 in Baht 34.5 million of which Baht 672.2 million was revenue from sales. The Company had successfully recorded a sales growth of Baht 30.3 million, or 4.7 % year-over

increase was mainly due to (1) increased number of branches, (2) the positive same-store-sales growth during 2017 and (3) the increased sales of raw material to franchisees. Revenue from franchise fees

of THB 375.9 Mn or 21.3% and was mainly due to (1) increased number of branches, (2) the positive same-store-sales growth and (3) the increased sales of raw material to franchisees. Franchise fees

% from 2018 when the sales was 1,289.59 million baht. Resulted from Sales growth factors: (A) Cold Beverage in Dispenser, increase from gaining new outlets and launching new flavors (B) increase in number