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PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result for the Fiscal Year Ended December 31, 2019 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion
, calculated from the enterprise value of SGAH. The enterprise value is derived from the ratio of enterprise value to earnings before interest, taxes, depreciation, and amortization for the fiscal years ended 31
SGAH, calculated from the enterprise value of SGAH. The enterprise value is derived from the ratio of enterprise value to earnings before interest, taxes, depreciation, and amortization for the fiscal
factors. Significant factors could include, for example, the impact of inflation, the impact of foreign currency fluctuations, and any governmental economic, fiscal, monetary or political policies or
in the fourth quarter of 2018 (Source: Fiscal policy office). Furthermore, the estimated GDP (Gross Domestic Product) for the whole year 2018 grow at 4.2 percent, compared to 3.9 percent in 2017