Disposal”). By calculating on a Net Operating Profit basis after tax deduction, the highest transaction size is 33.63 percent of the Value of the Net Profit of the Company according to the consolidated

Solar Power (BGYSP) from Yanhee Solar Power with total proceed of 600 million Baht. This would enable BGRIM to hold 100% shares in BGYSP which owns and operates 59.7-MW solar power plants in the central

period of the last year with Baht 2.26 million. This sharing of gain (loss) has come from the investment in energy business i.e. the biomass power plant in the southern of Thailand and the solar power

(EBIT) 2.96 1.89 56.40 7.28 -59.36 7.54 24.91 -69.72 Financial costs 1.27 0.04 2,790.91 1.17 8.44 3.53 0.13 2,636.43 Income tax expenses (0.80) 0.05 -1,609.43 0.13 -734.92 (2.70) 3.15 -185.78 Net profit

YOY 9M/2020 9M/2019 YOY Service revenue 905.64 590.71 53.31% 2,588.84 1,609.44 60.85% Gross profit 164.54 98.70 66.71% 433.60 252.42 71.78% Other income 10.75 - 100.00% 17.57 9.84 78.56% Expenses of

Profit 223 280 26% 583 756 30% EBITDA 111 148 33% 288 396 38% Net Profit (Loss) for the Company 54 83 54% 131 210 60% Gross Profit Margin (%) 66.0% 65.4% (0.6%) 64.8% 66.1% 1.3% EBITDA Margin1 (%) 32.6

solar power plant project in Myanmar (Green Earth Power (Thailand) Co.,Ltd.) increased and not yet been started the commercial operation. However this project is expected to be started the commercial

Analysis For the 1st Quarter Ended 31 March, 2019 Page 2 1.4 Commercial Operation Commencement of Collinsville Solar PV Power Station in the Commonwealth of Australia On March 21, 2019, Collinsville Solar

year ended 31 December 2019 E X E C U T IV E S U M M A R Y F IN A N C IA L P E R F O R M A N C E F U T U R E O U T LO O K Key Highlights 2 Q4/2019 vs Q4/2018 2019 VS 2018 • ILM reported net profit in

interest and taxes (EBIT) 32.79 107.16 (74.37) (69.40) Financial costs 0.72 0.13 0.59 453.85 Income tax expenses 2.86 20.81 (17.95) (86.26) Net profit 29.21 86.21 (57.00) (66.12) Earnings before interest