finance cost, and a net FX gain. It declined -8.2% QoQ from lower foreign exchange gain. Market and Competitive Environment Thai economy exhibited signs of further recovery in 1Q23 due to the improvements

, adding the Company’s Equity MW under operation to 521 MW ended 2018. • Finance costs decreased by 27.0%, mainly from significant decrease in cost of fund as a result of the issuance of debentures with

53.89 -23.51 -44% EBITDA margin 13% 20% Depreciation and amortization 30.98 22.76 8.22 36% EBIT -0.60 31.13 -31.73 -102% Finance cost -6.74 -5.56 1.18 21% Income tax expenses -2.11 -3.22 -1.11 -34% Net

service 10,311 9,775 536 5.5 Selling and administrative expenses 1,336 1,364 (28) -2.1 Finance cost 1,343 1,422 (79) -5.6 Interest expense from the MRT Purple Line Project 380 435 (55) -12.6 Total expenses

) (149.44) 41.71 27.91% 6 Finance costs (14.56) (13.10) 1.46 11.15% Share of profit (loss) of associates (1.32) - 1.32 100.00% 7 Profit before income tax 104.50 78.33 26.17 33.41% Income tax (30.75) (19.28

163.3 133.3 (30.0) (18.4) Gross Profit from Operation3 115.7 111.4 (4.4) (3.8) Other Income4 10.3 28.6 18.3 178.9 Administrative Expenses5 (8.8) (30.6) (21.8) 247.3 Finance Costs (88.5) (111.6) (23.1

income 47.97 100.00 79.46 100.00 (39.63) Costs 18.79 39.17 42.14 53.03 (55.41) Administrative expenses, finance costs and share of loss from associates 37.52 78.22 29.56 37.20 26.93 Management benefit

million or 0.85% of total three-month revenue and 0.45% of total six-month revenue. Finance Cost Finance costs for the three-month period ended 30 June 2017 and 2016 were THB 0.05 million and THB 2.02

% Administrative expenses 230 12% 177 14% 53 30% Finance cost 31 2% 23 2% 8 35% Income tax expenses 27 1% 19 2% 8 42% Selling expenses In 2Q17, the Group has the selling expense of Baht 36 million, which is

370.6 404.0 33.4 9.0 Other Income4 32.0 22.2 (9.7) (30.5) Administrative Expenses (15.8) (28.8) (13.0) 82.6 Finance Costs (148.1) (104.3) 43.8 (29.6) Share of Profit from Investments in Associates and