issued: (1) bond; (2) corporate bond; (3) bill; “Thai government agencies” means the following Thai government agencies: (1) public organisation; (2) provincial administrative organisation; (3

Project. Selling, General & Administrative Expense • SG&A increased 33.4% y-on-y in Q3’2019 to Baht 419 million and 31.5% y-on-y in 9M’2019 to Baht 1,140 million, primarily due to commercial operations of

, ABPR5 and Solar WVO-COOP in 2018, Dau Tieng 1 and Dau Tieng 2 Solar Projects, Phu Yen TTP Solar Project and Nam Che 1 Hydro Project in mid-2019. Selling, General & Administrative Expense • SG&A increased

decreased Baht 43.38 million following to the adjustment of sales amount and the control of administrative debt effectively. Inventory was decreased Baht 15.50 million due to the control of purchase. Other

cost based on our actual incurred construction cost of Nam Che project. Selling, General & Administrative Expense • SG&A increased 22.4% y-on-y (Baht 268 million in Q1’2018 to Baht 328 million in Q1’2019

and administrative expenses 876,828 1,114,444 2,370,976 523,122 Total expenses 3,086,743 3,114,904 4,070,684 1,453,210 Profit (loss) before finace cost and income tax expense (536,783) (1,008,565

% 2,106,339 100% 1,890,324 100% 1,230,767 100% Cost of sale of goods and rendering of services 2,209,915 2,000,460 1,699,708 930,088 Selling and administrative expenses 876,828 1,114,444 2,370,976 523,122 Total

of construction cost based on our actual incurred construction cost of Nam Che 1 Hydro project. Selling, General & Administrative Expense • SG&A increased 37.5% y-on-y in Q2’2019 to Baht 392 million

2% 60,838 3% 49,981 4% Total income 2,950,802 100% 3,165,036 100% 2,182,063 100% 1,363,246 100% Cost of services 1,983,778 2,209,915 2,000,460 1,347,165 Administrative expenses 795,445 863,492

Selling and administrative expenses 876,828 1,114,444 2,370,976 350,988 Total expenses 3,086,743 3,114,904 4,070,684 962,399 Profit (loss) before finace cost and income tax expense (536,783) (1,008,565