Price (THB./ton) 20,715 18,079 HRC Cash Margin (THB./Ton) 483 1,423 Unit: million Baht 30 September 2018 31 December 2017 Fin an cia l St at us Total Liabilities 4,801 5,492 Total Asset 18,459 19,546

to submit our management’s discussion and analysis for the second quarter in 2019, ended on June 30, 2019 as follows: (Unit : Million Baht) Jan - Jun 2019 Jan - Jun 2018 Increased/ (Decreased) % Change

-month period ended of June 30, 2018 • The analysis of financial position as at June 30, 2018 The analysis of operating results for the six-month period ended of June 30, 2018 Comparing accumulated

services in Q2-2022 decreased at a higher rate than the change in revenue in Q2- 2021 because in 2020-2021, the Company has operated large projects with lower gross margins. -3- Rental income and Cost of

of December 31, 2016. The major change was payment of short-term loans to financial institutions amounted 143.5 million baht. (2.2) Non-Current Liabilities As at September 30, 2017 non-current

Results Details Financial Statements for the year ended 31 December 2017 31 December 2018 Change Million Baht % Million Baht % Million Baht % Service income 151.53 99.79% 153.89 99.10% 2.36 1.56% Other

Microsoft Word - MD&A_E Q2_2561 Management Discussion and Analysis: MD&A 1. Company Situation Genco has invested in building a new secure landfill for non-hazardous waste at the end of 2017, now the

under construction and it is expected to install all the equipment by beginning of next year. At the moment, the company is preparing another two projects, these projects are expected to start the

statement for the third quarter in 2018 reported a net profit of 2.6 million baht more than the third quarter in 2017 at 98.0 percent and the Company’s net profit margin equal to 0.09 percent. Thus, the

138.3 million baht, which was an increase from the 3rd quarter of 2017 at 40.0 percent. The Company’s net profit margin stood at 28.7 percent. An increase of net profit was a result of the Company has