then would be amortized over the life time of the projects. 1.3 Operating Results Net profit attributable to the Equity of the Company in Q1/2018 was amounted to Bt322.6 million, increasing by Bt17.0

13.5% Net profit (loss) attributable to equity holders 402 411 -8 -2.0% Net profit (loss) attributable to equity holders Margin (%) 5.9% 7.2% -1.3% Net profit (loss) attributable to equity holders

profit (loss) attributable to equity holders 562 402 159 39.6% Net profit (loss) attributable to equity holders Margin (%) 6.9% 5.9% 0.9% Net profit (loss) attributable to equity holders (Exclude Gain

(loss) attributable to equity holders 411 321 90 28.10% Net profit (loss) attributable to equity holders Margin (%) 7.16% 6.16% 1.00% EBITDA 773 707 66 9.34% http://www.aapico.com/ http://www.aapico.com

1 Ref: CK-19-0000-AFD(AC)-L-0054 November 14, 2019 Subject: Clarification on Operating Result and Financial Position for the nine-month ended September 30, 2019 Attention: President The Stock

Microsoft Word - MDA_2018Q4_ENG 1 Ref: CK-19-0000-AFD(AC)-L-0011 February 28, 2019 Subject: Clarification on Operating Result and Financial Position for the year ended December 31, 2018 Attention

Microsoft Word - MDA_2019Q1_ENG_2003 1 Ref: CK-19-0000-AFD(AC)-L-0020 May 15, 2019 Subject: Clarification on Operating Result and Financial Position for the three-month ended March 31, 2019 Attention

Microsoft Word - MDA_2019Q2_ENG_2003.doc 1 Ref: CK-19-0000-AFD(AC)-L-0030 August 14, 2019 Subject: Clarification on Operating Result and Financial Position for the six-month ended June 30, 2019

1 Ref: CK-18-0000-AFD(AC)-L-0039 August 14, 2018 Subject: Clarification on Operating Result and Financial Position for the six-month ended June 30, 2018 Attention: President The Stock Exchange of

Microsoft Word - MDA_2018Q3_ENG 1 Ref: CK-18-0000-AFD(AC)-L-0050 November 14, 2018 Subject: Clarification on Operating Result and Financial Position for the nine-month ended September 30, 2018