from Municipal Solid Waste Power Plants 127.9 126.4 129.6 2.5% 1.3% 241.9 256.0 5.8% Sales of electricity - Base tariff and Ft 5.2 5.0 5.3 6.0% 1.9% 10.5 10.3 (1.9%) Sales from Solar Energy Power Plants

“Company”) would like to inform that the Board of Directors no.1/2020 held on 28 February 2020 has resolved to approve in principle on the joint investment in energy business in domestic and international

by holding percent of total shares, invested to solar power plant with installation capacity 1.5 MW at Himeji Prefecture, Japan by holding 51% of total shares of the project and later this project was

-Australia Collinsville Solar PV Pty Ltd, a subsidiary of RAC, signed Financial Agreement with Clean Energy Finance Corporation (CEFC) with the loan amount of AUD 57 million. Management Discussion and Analysis

%) Sales of electricity - Base tariff and Ft 5.0 4.8 (0.2) (4.0%) Sales from Solar Energy Power Plants 5.0 4.8 (0.2) (4.0%) Total sales and service income 1,740.6 1,471.4 (269.2) (15.5%) Sales and service

mainly due to the increase of administrative expenses from hiring management of subsidiaries, advisor and due diligence fees to audit the position of energy projects that the Company had entered into

THAI REINSURANCE PUBLIC COMPANY LIMITED THAI RUBBER LATEX GROUP PUBLIC COMPANY LIMITED THAI RUNG UNION CAR PUBLIC COMPANY LIMITED THAI SOLAR ENERGY PUBLIC COMPANY LIMITED THAI STANLEY ELECTRIC PUBLIC

from the same period of the last year at the amount of Baht 0.25 million derived from gain (loss) from investment value of the associates with the details as follows; 1. SAFE Energy Holdings Company

sharing of gain from investment value of the associates and joint venture, for the 1st quarter 2018 amounted to Baht 0.25 million with the details as follows; 1. SAFE Energy Holdings Company Limited (SAFE

commercial operation of Mount Emerald Wind Farm Project and Collinsville Solar Power Project on December 12, 2018 and March 21, 2019, respectively this resulted in the increase in revenue from sales and