MD&A Q2Y2017 _E_ 09.8.17 Ratchaburi Electricity Generating Holding PCL Management Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 2017 Management Discussion and

cost of sales and services decreased as the energy business continued to improve work processes and manage the use of fuel for power generation. Resulting in long-term efficiency in generating and

MANAGEMENT PUBLIC COMPANY LIMITED EKACHAI MEDICAL PUBLIC COMPANY LIMITED EKARAT ENGINEERING PUBLIC COMPANY LIMITED ELECTRICITY GENERATING PUBLIC COMPANY LIMITED EMC PUBLIC COMPANY LIMITED ENERGY ABSOLUTE

ENGINEERING PUBLIC COMPANY LIMITED ELECTRICITY GENERATING PUBLIC COMPANY LIMITED EMC PUBLIC COMPANY LIMITED ENERGY ABSOLUTE PUBLIC COMPANY LIMITED ENERGY EARTH PUBLIC COMPANY LIMITED ENERGY FIRST COMPANY

sales and rendering of services and cost of sales and rendering of services (excluding fuel costs). Also, the revenue from sales of Ratchaburi Electricity Generating Company Limited increased due to the

rd quarter of 2017, Ratchaburi Electricity Generating Company Limited received compensation from an insurance company for the equipment failure of Tri Energy Power Plant in the amount of Baht 16.92

million or 4% from 2016 due to the reserved shutdown at Sriracha Power Plant causing the lower revenue in the Energy Payment (EP) however, this shutdown did not place any impact on the net profit generating

Asia Energy Limited 68.86 Solar Power Company Limited (Korat 3 4 7) 46.27 Others 50.19 Total 2,615.99 4.1.4 Trade accounts receivable from related parties of Ratchaburi Electricity Generating Company

future the existing and new customers will gain more enjoyable time and good food experience with Hot Potwhich will reflect to sales increase. 2. Financial Position Change Unit : Million baht 31 Dec 2016

implemented in Q3 – Q4 this year i.e. คู่ซียกซด through online media. We have the confidence that in the near future the existing and new customers will gain more enjoyable time and good food experience with