of the year 2017. The significant decreasing came from the reduction of the revenue construction works of renewable energy power plants projects in private sector according to industrial sector was

for solar energy (5 yearly overhaul). • Other current assets increased Baht 4 million because of tax receivable. • Intangible assets increased Baht 4 million due to investment in software for human

62.78MB which included sales of obsolete assets while sales of investment in Mae Sod Clean Energy Co., Ltd. of 59.10MB was included in Q1 2017. PDI remains actively looking for projects with acceptable

service of electricity engineering. • Property, plant and equipment has increased Baht 30.22 million, as a result of assets for solar energy. • Restricted cash decreased by Baht 6 5 . 2 4 million because

addition, the dog chews business has been affected by competition in price and substitution of other raw materials. 1.2 The company’s income from energy business for the year2018 in the amount of Baht

1 No. ACE-ACC-2/2023 12 May 2023 Subject Management Discussion and Analysis for the period ended 31 March 2023 To President The Stock Exchange of Thailand Absolute Clean Energy Public Company Limited

Exchange of Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 31 March 2024 of the Company and the

COD on July 8,2017)  Another VSPP Waste to Energy project under development phase, namely Chonburi Clean Energy (CCE) with a total contracted capacity of 6.9 MW, representing 2.3 Equity MW, is

year, is scheduled to achieve COD in 2Q2019 in WHA Eastern Seaboard Industrial Estate 3  Chonburi Clean Energy, an installed capacities of 8.6 MW Waste to Energy Power Plant, representing 2.9 Equity MW

clean energy project. The company expects to start the construction process during 2020 – 2023 and expects to COD in Q3/2023. • The consumption of electricity during the first half of 2019 was at 95,857