completed. On the other hand, there are many projects which has been signed and some projects are pending for contract signing which revenue will be recognized in the second quarter of 2020. The cause of

, the Company believes it is rationale to conclude the exchange ratio shall be derived from the current book value as at March 31, 2017 with a premium of 27.6% or equivalent to additional of 1.19 shares

THB Mn % Sales of electricity - FiT, base tariff and Ft 727.0 770.9 816.7 831.7 15.0 1.8% 2,666.7 3,146.3 479.6 18.0% FiT Premium 33.2 14.7 20.7 22.1 1.4 6.8% 152.6 90.7 (61.9) (40.6%) Sales of

Mn THB Mn % THB Mn THB Mn THB Mn % Sales of electricity - FiT, base tariff and Ft 806.7 821.3 774.5 848.4 73.9 9.5% 3,146.3 3,250.9 104.6 3.3% FiT Premium 19.6 19.1 15.0 15.2 0.2 1.3% 90.7 68.9 (21.8

in order to stabilize the financial system. Nevertheless, as the COVID-19 situation has shown no clear sign of improvement and may persist throughout the first half of this year or beyond, pending the

- - Issued and paid-up 140.00 100.00 40.00 40.00 Share premium 246.11 - 246.11 n.a. Retained earning Appropriated - legal reserve 5.09 5.09 - - Unappropriated 57.46 44.31 13.15 29.68 Equity attributable to

988.16 (98.80) (10.00) Equity Share Capital - Authorized 140.00 140.00 - - Issued and paid-up 140.00 100.00 40.00 40.00 Share premium 246.11 - 246.11 n.a. Retained earning Appropriated - legal reserve 5.09

and Ft 727.0 806.7 79.7 11.0% FiT Premium 33.2 19.6 (13.6) (41.0%) Sales of electricity to Industrial Users (IU) 6.9 6.8 (0.1) (1.4%) Sales from Biomass Power Plants 767.1 833.1 66.0 8.6% Revenue from

of electricity - FiT, Base tariff and Ft 851.2 788.3 (62.9) (7.4%) FiT Premium 14.6 10.1 (4.5) (30.8%) Sales of electricity to Industrial Users (IU) 9.3 8.2 (1.1) (11.8%) Sales from Biomass Power

พื้นฐาน และค่า Ft 816.7 821.3 774.5 (5.7%) (5.2%) 2,314.6 2,402.5 3.8% ค่า FiT Premium 20.7 19.1 15.0 (21.5%) (27.5%) 68.6 53.7 (21.7%) รายได้จากการขายไฟฟ้าให้เอกชน (IU) 6.2 6.8 8.3 22.1% 33.9% 19.1 21.9