being director and executive of International Engineering Public Company Limited (IEC) performed their duties dishonestly, misappropriate the company's assets and seek wrongful gains, causing damage

) million or (2%) from Baht 383 million in Q2/2019 to Baht 374 million in Q2/2020. The main decrease was derived from the engineering service. • Overall gross profit margin increased from 9.1% to 15.0% or

Authority of Thailand (EGAT) because of the reserved shutdown following EGAT dispatch instruction; IRPC Clean Power Phase 1 (IRPC-CP Phase 1) ceased the gas turbine generator to commissioning with Phase 2 in

of IRPC Clean Power Phase 2 (IRPC-CP Phase 2) in November 2017, in which GPSC holds 51% equity, has expanded the electricity generating capacity allowing the company to increase the volume of

the revenue of the engineering service and trading revenue first recognized in 2018. • The gross profit increased by Baht 17 .83 million or increased 1 6 % ; from Baht 110 .53 million to Baht 128.36

-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

of Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 June 2020 of the Company and the

รุงรกัษาและสญัญาอื่นๆ ทีเ่กีย่วขอ้งกบัโครงการ รวมทัง้สญัญาทางการเงนิ โดย RATCH-Australia Collinsville Solar PV Pty Limited ซึง่เป็นบรษิทัลูกของ RAC ไดล้งนามสญัญาทาง การเงนิกบั Clean Energy Finance

decrease was derived from engineering service, solar energy, and Trading business. • Overall gross profit margin decreased from 13.3% to 9.1% amount Baht (24.09) million. 2019 2018 Revenue 383.44 443.08

Board of Directors’ Meeting No. 8/2017 As refer to the Board of Directors’ Meeting No. 5/2015 of General Engineering Public Company Limited (“the Company”) held on July 29th, 2015 (refer 1), the Board had