to remain fragile as overall purchasing power has not yet recovered, and household debt remains at a high level. The operating result of the Company in this quarter is still in line with the plan

investment in associated company (BBF) of Baht 19.93 million since there were new biodiesel producers and the existing biodiesel producers expanded their production capacity, resulting in high competition and

2 PPAs with EGAT of which qualified for the PPA extension and replacement for another 25-year period according to the outcomes of the National Energy Policy Committee’s Meeting on 24 January 2019

of 2017 WHAUP completed our 2017 at record-high result with a Net Income of Baht 1,980.9 million, 436.1% increase from 2016. 1. RESULTS OF OPERATION FOR 2017 Consolidated Financial Statements 2016 2017

subsidiaries, and share of profit from associated companies 5/ EBITDA from Natural Resources business of Nido Petroleum Limited, BCP Energy International Pte. Ltd. and BCP Innovation Pte. Ltd. As for the

reductions. Moreover, attractive development opportunities are expected thanks to MACO’s and PlanB’s high-visibility billboards as well as the well-diversified media contents owned by PlanB, which will enable

the TV sector and traditional media have been in decline and is expected to be surpassed by OOH media (Outdoor, Transit and In- store media) and digital/online spending in the near future. Master Ad

of Nido Petroleum Pty. Ltd., BCP Energy International Pte. Ltd., BCP Innovation Pte. Ltd., BCPR Co., Ltd. and share of profit from associated companies 6/ Others items and elimination As for the

capacity of electricity in 2018 classified by producers Source: EGAT and Department of Alternative Energy Development and Efficiency (DEDE) In the recent year, the National Energy Policy Council (NEPC) had a

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