: The operating result was increased by 9 million Baht because Q3/2018 electricity profit was recognized three months, comparing to Q3/2017, since its Commercial Operation Date on July 20, 2017. Other

equipment of Baht 169 million, and inventories of Baht 62 million. In addition, the Company recognized goodwill from acquiring LQSF of Baht 244 million. Liabilities As at 30 September 2018, the Company and

standards was recognized as an adjustment to the retained earnings as at 1 January 2020, and the comparative information was not restated. The impact of the adoption on the consolidated statement of financial

1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE For

generation of XPCL and longer maintenance period of Quezon. Meanwhile, SBPL has recognized the operating result because the commencement on September 26, 2019 and NTPC has higher electricity sales to EDL

million Baht or 86.89% due to in year 2019, the company recognized the doubtful debt reduced by 276.22 million Baht and also the income from the disposal of assets and the write-off of creditors amount of

the company recognized interest expenses THB 10.9 Mn on the lease liabilities following the implementation of the Thai Financial Reporting Standard No. 16 "Leases" (TFRS 16) Tax Expenses In the 1st

1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE In

and 2020, finance expenses increased from THB 0.1 Mn to THB 8.0 Mn respectively, an increase of THB 7.9 Mn. This was due to (1) the company recognized interest expenses on the lease liabilities

and its subsidiaries had total shareholders’ equity of Baht 3,776.69 million decreased from Baht 3,959.51 million as of December 31, 2019 of Baht 182.82 million or -4.62% from recognized loss profit of