, total revenue decreased by 31.8% and net profit decreased by 65% YoY). However, the Company implemented the cost-effective management as planned to reduce impact to business performance. As a result of

person holding the highest management position or chief accounting officer shall also affix his signature. (2)12 in case of an offer for sale of bonds or short-term bills to institutional investors or high

Group for the 6-month period would be Baht 316.54 million or an increase of 23.86 percent. Details of the changes or impacts are described in the Management Discussion and Analysis (MD&A) as attached

Corporate Group for the 9-month period would be Baht 446.70 million or an increase of 33.26 percent. Details of the changes or impacts are described in the Management Discussion and Analysis (MD&A) as

revenue is from long-term PPA with state enterprises which has no direct impact from COVID-19 while revenue from industrial users (IUs) remains stable y-on-y in Q1’2020, thanks to portfolio diversification

cost management for electricity generation of our gas- fired power plants which contribute approximately 70% of our portfolio capacity. Land Lease Agreement for U-Tapao hybrid project On June 26, 2020

V3 22/02/62 14:27 น. 0 V3 22/02/62 14:27 น. 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in 2018 In 2018 the Thai economy grew by 4.1 percent, up

. 5. The Company has agreed to enter into an agreement to engage NML to provide transportation services for printing media, with a minimum contractual term of two years and terms and conditions to be

Profit was due to the overall operational business increase of the Company together with a more effective management of its borrowings that resulted in overall reduced interest costs. Operating Performance

IP_AC/001/2563 February 24, 2020 Subject Management’ discussion and analysis for the fiscal year ended December 31, 2019 To President The Stock Exchange of Thailand Interpharma Public Company Limited