margin 17.05% 16.36% Other income 0.10 3.51 (3.41) -97.04% Selling expenses 1.41 1.78 (0.36) -20.35% Administrative expenses 27.85 22.39 5.46 24.37% Earnings before interest and tax 40.15 36.83 Finance

9% from Q2/2017. The increase in the profit is due to the rise in sales price resulted from the increase in Ft rate in Q3/2017. Also, the volume of electricity and steam sold at Rayong Central

for the company 888 1,052 899 (15%) 1% 2,453 2,873 17% Gross profit margin* (%) 28% 28% 24% (4%) (4%) 24% 27% 3% Net profit margin (%) 21% 16% 13% (3%) (8%) 16% 15% (1%) * Exclude costs of depreciation

decreasing in gross profit margin as described in part of Gross Profit. In addition, the Group had expenses related to the bidding of the projects for procuring electricity from renewable sources of the

is the ideal location for petrochemical, chemical, steel and utility- intensive customers requiring electricity and steam. After successfully acquiring 100% shares of Glow SPP1 from Glow Company

9M-2020 Change THB Mn THB Mn THB Mn %QoQ %YoY THB Mn THB Mn %YoY Sales of electricity - FiT 611.5 635.3 668.2 5.2% 9.3% 1,806.3 1,926.6 6.7% FiT Premium 43.0 37.4 35.8 (4.3%) (16.7%) 127.1 116.8 (8.1

slight decrease in purchase in the 5 years ahead from Small Power Producer (SPP) and Very Small Power Producer (VSPP) due to the sufficient amount of electricity reserve margin. However, this matter does

% resulted from the demand in electricity and steam from industrial customers slightly fall during Q2/2017. Performance of the company’s operating power plants in Q2/2017 compared to Q1/2017 (QoQ): • Sriracha

water resource in a sustainable way. Most of water used in co- generation power plants comes from recycle process or treated waste water from factories while the company's plan to manage electricity

2023 and 2022 are presented below: Sales and service income Q3-2022 Q2-2023 Q3-2023 Change 9M-2022 9M-2023 Change THB Mn THB Mn THB Mn %QoQ %YoY THB Mn THB Mn %YoY Sales of electricity - FiT, Base tariff