profit decreased by Baht 128 million mainly due to the decrease in steam sales volume of Rayong Central Utility Plants (CUP) and IRPC Clean Power (IRPC-CP) decreased, even though the electricity sales

31,482 million in 2017, primarily due to an increase in revenue from the power plants that were fully developed and are in operation, namely BPWHA1, located in Hemraj Industrial Estate, that started COD on

. Decrease in cost of real estate development (net) of THB 198.0 mm, due to land transfer during this year. Nonetheless the Company has further developed in the industrial land during this period as well. 6

Republic of Fiji Islands, one hotel in the Republic of Maldives and one hotel in Mauritius "Outrigger Hotels"; (3) Two upper upscale successfully developed hotels, as part of Project CROSSROADS Phase 1 in

Gas. In addition, WHAUP has also developed and operated its own Renewable Energy Projects for industrial customers started from Solar Rooftop Projects. WHAUP recognized Power Business performance in a

Agency (ARENA) for AUD 9.50 million. The Project is developed on the area of the already closed coal mine at the north of Queensland, Australia. The Project Cost is approximately AUD 95 million. The

power plants that were fully developed and are in operation, namely (i) the inclusion of revenue from BPWHA1, located in Hemraj Industrial Estate, that started commercial operation dates on November 1

developed as follows: Type Number of Unit Selling area (square Wah) Commercial buildings 13 303.00 3-storey duplex family houses 4 194.70 3-storey townhouses 80 1,903.40 Total 97 2,401.1 or equivalent to 6

the loan repayment from the joint venture. 3. Decrease in cost of real estate development (net) of THB 908.1 mm, due to land transfer during this year. Nonetheless the Company has further developed in

the start of mass production of this product this year to serve Asia market. In addition, Merchant Power (MPBG) sales rose 12.0% from 2016 and 24.5% from 2015. The company has developed more variety of