credit agreement for working capital purpose and subsidiary had a plant shut down due to the breakdown of important equipment. Selling Expenses The Company recorded selling expense of Baht 34 million

Plants 875.1 806.6 (68.5) (7.8%) Revenue from finance lease under a Power Purchase Agreement 102.4 104.9 2.5 2.4% Revenue from service under a Power Purchase Agreement 630.5 455.3 (175.2) (27.8%) Sales of

. Collaboration with strategic partners B.Grimm entered Long Term Service Agreement (LTSA) with Siemens to improve performance of gas turbines. 2 projects completed the upgrades in 2019 while 4 more projects are

first half of 2018 to 17.25% in the same period of 2019. The total expense to total revenue ratio increased from 12.46% in the first half of 2018 to 16.92% in the same period of 2019. 1. Overview of

0.1% 1.10 0.3% 0.95 633.3% Interest Expense (0.25) (0.1%) (4.05) (1.1%) (3.80) (1,520.0%) EBT 78.31 28.6% 92.88 26.1% 14.57 18.6% Tax (7.74) (2.8%) (10.10) (2.8%) (2.36) (30.5%) Net Profit After Tax

% in the first quarter of 2018 to 18.98% in the same period of 2019. The total expense to total revenue ratio increased from 13.78% in the first quarter of 2018 to 14.94% in the same period of 2019. 1

Trust (“WHABT”) and have undertaken in guaranteeing minimum EBITDA of the REIT. Hence, their significant risk and reward were not transferred to the buyer, so the Company recorded the transaction as

, financial cost was 247.17 million baht, the selling and administrative expense was 139.38 million baht and bad debts and doubtful accounts expense was 40.81 million baht. The Total Assets was 50,047.26

247.17 million baht, the selling and administrative expense was 139.38 million baht and bad debts and doubtful accounts expense was 40.81 million baht. The Total Assets was 50,047.26 million baht, the

selling and administrative expense was 147.18 million baht and bad debts and doubtful accounts expense was 59.58 million baht. The Total Assets was 50,893.33 million baht, the total liabilities was