incidents happen, it will disrupt and significantly affect customers, business operation, financial status or reputation of 1 BCI Good practice guidelines http://www.thebci.org/ 2 High-level principles for
Farm project. The solar farm project is commercially attractive and feasible upon obtaining (Condition Precedents) 1. BOI privileges 2. Credit facility from a financial institution 3. All other permits
by calculated based on Net Tangible Assets (NTA) Basis based on the Consolidated Financial Statements ending 30 September 2018. In addition, after combining the said transaction value with all asset
purchaser does not have any relationship with the Company. The transaction, therefore, does not fall within criteria of the connected transaction under the Notification of the Capital Market Supervisory Board
of the management in order to assist investors to better understand the company's financial status and operation. It also supports the "Good Corporate Governance Project" of the Securities and Exchange
. However, those projects will all be delivered within this year. To accomplish cost management policy, The Group will no longer accept such condition project in the future. Cost to revenue from sale of
project in Q2-2017 and Q2-2016 are similar but the gross margin in Q2-2016 was higher. Therefore, the gross margin of the projects delivered in Q2-2017 is lower than those in Q2-2016. Financial Analysis of
decreased from Q3-2016, representing decrease of 112.2 MB or 12.0%, because the reversal of doubtful accounts for long term receivables has been recorded in Q3-2016 -3- Financial Analysis of the company As of
of 2018 Page 4 of 6 1.2.3 Finances Cost The financial expenses for 2018 amounted to Bt139.4 million, a decrease of Bt20.9 million or 13.0%(y-o-y). As the long-term loans of the Group have been