acquired in 2016 and 2017. In 2018, the revenues from renewable energy are starting to contribute a significant portion of the profits. Padaeng Industry Public Company Limited and its subsidiaries (“the

MW solar farms in Thailand have been acquired in 2016 and 2017. In 2018, the revenues from renewable energy are starting to contribute a significant portion of the profits. Padaeng Industry Public

made an allowance for the value of land awaiting development amounting to 91.33 million baht from the difference from the appraisal value compared to the acquired value. Page 3 of 3 4. Financial costs of

million baht from the difference from the appraised value compared to the acquired value. 4. Financial costs of 14.30 million baht, a decrease of 8.15 million baht or 36.29 percent due to the redemption of

mainly due to the same period last year. The Company has made an allowance for the value of land awaiting development of 91.33 million baht from the difference from the appraised value compared to the

of the machinery’s efficiency of the new biomass power plants which the Group acquired in the third quarter of 2020. This was led to the higher electricity unit sold. Furthermore, one of the new power

2017. The operating results were, List Year End period (Unit: Million THB) 2016 2017 Difference Income from Sales of real estate 3,153.1 8,764.9 5,611.8 178.0 Other Income - Gain on sales of investments

Thailand have been acquired in 2016 and 2017. The revenues from renewable energy are starting to contribute a significant portion of the profits since 2018 onward. Subsequently, on November 6, 2018, the

increase in trade receivable and other receivable by Baht 103 million, and property, plant and equipment, and intangible assets increased by Baht 244 million. Moreover, the Company acquired share capital

, total assets were Baht 2,941 million, increased by Baht 183 million from the balance at the ended of 31 December 2019. This were mainly because the Company acquired share capital from the former