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

financial costs compared to the same period last year. Thus, the details of the Company’s performance are explained as follows: Rental and Services Income Rental and service income for the third quarter in

30 June 2018 and 2017, total revenues of the Company which were Baht 475 million and Baht 530 million, respectively, decreased by Baht 55 million or decreased by 10%. Sales and service income for the

) (MB) % Trade and other payables 1,096.2 921.0 175.2 19.0 Unbilled payables 726.9 837.3 (110.4) (13.2) Current portion of liabilities under financial arrangement agreements 66.1 93.8 (27.7) (29.5) Income

. Peak demand in the Philippines is estimated to increase 5 percent annually. The Philippines plan to increase its generating capacity to 37,000 megawatts by 2020 with significant portion of coal-fired

) (MB) % Trade and Other Payables 1,393.8 630.2 763.6 121.2% Unbilled Payables 451.0 569.8 (118.8) (20.9)% Income tax payable 18.7 32.3 (13.6) (42.1)% Advanced receipts from customers 106.2 50.8 55.4

investment environment throughout the country. Cost of goods sold and services decreased in portion of decreasing revenue but expenses were At the same level as last year. The Company had net profit for the

period of fiscal year 2017 with total revenues of 292.49 million Baht or a decrease of 49.85 percent. The revenue decrease was partly result from the Rubber Wood business which is the main income of the

32 million or 8.1 percent from same quarter last year, consisting of sales and service income at Baht 32 million. Consolidated Financial Statements Separate Financial Statements Increase (Decrease

been audited by the independent auditor as follows: Statements of Comprehensive Income for the 4th Quarter and Year Ended December 31, 2018 Note: During 1Q’17, the subsidiary has recorded income incurred