Company and subsidiaries established the cost efficiency projects to optimize the production cost, waste management and tighter control of purchasing raw material to in- line with reduction in sales and

) (4.8%) 23.8 24.3 0.5 2.1% Adder 28.1 32.8 30.4 32.3 1.9 6.3% 132.0 123.6 (8.4) (6.4%) Other sales and service income 11.8 15.6 14.4 13.9 (0.5) (3.5%) 50.5 55.7 5.2 10.3% Sales from Municipal Solid Waste

%) 55.7 58.5 2.8 5.0% Sales from Municipal Solid Waste Power Plants 126.4 129.6 112.3 118.6 6.3 5.6% 503.2 486.9 (16.3) (3.2%) Sales of electricity - Base tariff and Ft 5.0 5.3 5.0 4.7 (0.3) (6.0%) 20.0

waste managment Registered Office 128/ 200, 18th Floor, Phayathai Plaza Building, Phayathai Road, Toong Phayathai Sub-District, Phayathai District, Bangkok Registration Number 0305557004561 Incorporation

mainly caused by the increasing price of graphite electrode and higher repair and maintenance cost and the proportionate of an increased in raw material cost is greater than an increased in HRC market

last year which are mainly caused by the increasing price of graphite electrode and higher repair and maintenance cost and the proportionate of an increased in raw material cost is greater than an

proportion than selling price increase is the main reason why net profit decrease. Graphite Electrode’s price which is a part of conversion cost increase significantly. Separate financial statement, the

conversion cost. Cash conversion cost mainly increased from the increase of Graphite Electrode’s price. (Separate: Baht 4,724 million for the year 2018 and Baht 11,240 million for the year 2017, decrease Baht

depreciation) in 2nd Quarter of 2018 was achieved at THB 891/ton, lower by 14% from last year due to the increase in the price of graphite electrode (significantly increased from USD 2,000 per ton in the

found that the neighboring communities around project materially retrieve less waste water from the project. Based on the inspection, it was found that (1) there are new power plant projects in the area