(LTSA) as a result of the expiration of contract since Q4/2018. • Small Power Producer (SPP): The gross profit increased by Baht 2,302 million as a result of fully recognizing gross profit from GLOW’s SPP

amount of THB 39 million, comprised of profit from operation THB 73 million, and amortization in rights to electricity sales contract THB 33 million. Operating profit significantly improved upon 2017’s

contract work In 2018, the Company and its subsidiaries had cost of contract work amount of 767.93 million Baht, the ratio of cost contract work to revenue from contract work was 95.04%, or a gross profit

ratio of cost contract work to revenue from contract work was 86.78%, or a gross profit margin of 13.22%. While the first quarter of 2018, the cost of contract work was 237.73 million Baht which was 97.10

cost contract work to revenue from contract work was 86.78%, or a gross profit margin of 13.22%. While the first quarter of 2018, the cost of contract work was 237.73 million Baht which was 97.10% of

- net 90.36 89.21% 77.71 65.79% (12.65) -14.00% Revenue from contract works 9.3 9.18% 36.93 31.26% 27.63 297.10% Revenue from service incomes 0.91 0.90% 0.55 0.47% (0.36) -39.56% Revenue from rental

1 / year 2018 Change Million Baht % Million Baht % Million Baht % Sales revenue - net 108.37 92.86% 107.94 93.48% (0.42) -0.39 % Revenue from contract works 7.14 6.12% 6.40 5.54% (0.75) -10.48

; Unimit and its subsidiaries have contract revenues for Q3/2018 amount 332 Million Baht which is increase of 170 Million Baht (105%) from Q3/2017 contract revenues. Q3/2018’s net loss of 1 Million Baht

% Million Baht % Sales Revenue 65.77 82.58% 63.35 79.06% (2.42) (3.69%) Revenue from contract work 12.32 15.46% 14.28 17.82% 1.96 15.93% Revenue from service income 0.61 0.76% 1.40 1.75% 0.80 131.23% Revenue

profit of Baht 6 million; an increase of Baht 68 million in term of profit compared to Q2/2019, which has a net loss of Baht 62 million. According to the declining of contract revenue, most major projects