, a 11.4% increase YoY as planned reflected stable growth in volume  Share of Profit (Power Business) increased 162.9% YoY from 1Q2017 to record at Baht 659.2 million with foreign exchange gain of Baht

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

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

Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 June 2023 of the Company and the subsidiaries (“the

Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 June 2022 of the Company and the subsidiaries (“the

Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the year ended 31 December 2021 of the Company and the

Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the year ended 31 December 2023 of the Company and the subsidiaries (“the

the lower natural gas price. However, gross profit of IRPC Clean Power plants (IRPC-CP) slightly decreased by Baht 8 million, however, gross profit of GLOW's SPP plants increased by Baht 15 million due

Dividends Received from Investments in Glow IPP Power Plant1. KEY HIGHLIGHTS  We witnessesd solid performance from both Utilities and Power Business  Utilities Business’s Operating Revenue was Baht 404.2

1 No. ACE-ACC-4/2024 13 November 2024 Subject Management Discussion and Analysis for the period ended 30 September 2024 To President The Stock Exchange of Thailand Absolute Clean Energy Public