promotio ther income elling Expens dministrative perating Prof nance Cost come tax exp et Profit Revenues A The Compa Retail Busin contributed The Compa same perio total revenu year at 1,12 by the follow 1

comprehensive income (loss) attributable to owners of the parent Operating Profit (Loss) EBIT Net Profit (Loss) Total Comprehensive income for ther period 3 | MANAGEMENT DISCUSSION AND ANALYSIS FOR Q2-2020

natural hedge against short-term volatility in product margins.  Core EBITDA margin has enhanced from 6.4% in 2013 to 11.4% in 2Q17 and this is targeted to fur- ther improve from the various strategic

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ended March 31, 2018 In the first quarter of 2018, Thai economic growth gained traction, buoyed by both domestic and international factors. However, the business sector faced rising challenges, namely various forms of competition, a borderless marketplace within the ASEAN Economic Community (AEC), and the advancing digital age amid the rapid pace of technological advancement, thus lea...

ppropriate in d ordinary sh epending on a conditions pre e Company s xecutive Com anaging direct wly issued or ntering into th ts, together w uding but no ent; orms for perm e of the Se the relevant ther

due to the decreased in revenue from solar cell implementation service from Combine Heat and Power Producing Company Limited (CHPP) as well as the decrease in revenue from chilled water following the

from Ichinoseki Solar Power 1 GK (ISP1) and the decrease in revenue of solar cell implementation service from Combine Heat and Power Producing Company Limited (CHPP) following the existing projects. The

million mainly due to the decreased in revenue from Combine Heat and Power Producing Company Limited (CHPP) by Baht 19 million as a result of the lower revenue from solar cell implementation; despite the

composites, such as wadding, insulation, filtration, automotive acoustic insulation material and other products where heat is used to bond the fibers. The HIAM plant is expected to start operations in 2019

Exchange, sell thermal energy, and receive renewable credits in the form of renewable energy Page 3 certificates (REC) with respect to its electricity generation output. Gangdong will construct and operate