of the two companies together. For Q1/2020, there are important factors and significant events in various aspects, such as the depreciation of the Thai Baht against the US Dollar, the decrease in price

to the same period of previous year which a net loss of Baht 24.73 million, the loss decrease Baht 19.3 million or decrease by 78.03% , the main reasons are as follow 1. Revenue from sale , Other

performance of the Group Unit: Million Baht Q2’ 2019 Q2’ 2018 Increase (decrease) Variance (%) Total revenues 1,729 1,821 (92) (5%) Net profit 70 170 (100) (59%) The Group’s total revenues for the second

had loss of Baht 9.64 million (loss per share of Baht 0.96). The decrease of loss in the amount of Baht 9.24 million comes from the following major items. 1. Underwriting profit before operating

Second Quarter of 2020 1. EXECUTIVE SUMMARY WHAUP finished our Second Quarter of 2020 with a Normalized Net Income of Baht 177.7 million, a 74.4% decrease from 2Q2019 while Net Profit of Baht 317.4 million

consolidated current ratio was 2. 06 times, slightly increased from 1.93 times as at December 31, 2018. The quick ratio was 0.68 time, slightly decreased from December 31, 2018 at 0.72 time. Short-term Debt

million, decreased in amount of THB 61. 26 million or 14. 02% down from THB 436. 87 million in 3Q2018. The EPS of 3Q2019 was THB 0. 30 per share. The decrease in consolidated net profit was primarily driven

Baht 859 million or 17% as a result of GLOW’s power plants have reached the Contracted Availability Hours set out in the PPA in December 2019, resulting in the decrease of Availability Payment in Q4/2019

subsidiaries performance in Q1/2018 recorded a Net Profit of THB 1,337 million, compared to Q1/2017 a decrease of THB 861 million (-39% YoY), and when compared to Q4/2017 decreased by THB 230 million (-15% QoQ

Baht 971 million and earnings per share of Baht 0.49 a decrease of 10% when compared to the previous year. The Company would like to clarify the reasons for the change in profits for 2019 compared to the