Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the year ended 31 December 2020 of the Company and the

from renewable energy sources i.e., by installing solar energy systems at base stations nationwide. • Improve network energy efficiency. • Promote efficient water use and water recycling. • Properly

, which was in line with the increase in sale, an inventory increase Baht 20.29 million , because reserve of raw material for new product and work in process increase by customer order. 1.2 Non current

. Such dropped was from more used in raw materials in this period which was in accordance to the higher demand in the Company’s products. As of March 31, 2019, the Company and its subsidiary had an

follow : 2.1 Current liability as at June 30, 2018 amount of Baht 86.94 million increase Baht 29.28 million or 50.80%, This is an increase in raw material creditor by Baht 33.10 million due to the fact

increased from excise tax and partly offset by cost reduction of raw materials and packaging. Food business Food cost of sales slightly increased from utilities cost in production and partly offset by cost

period ended June 30, 2018 was in the amount of 147.11 million baht, increased by 39.31 million baht or 36.47% when compared to same period of 2017. The reason was mainly came from more used in raw

cost of construction contracts consists of raw materials, consumable costs, Subcontractor costs, salary and other employee compensation, and other construction costs. During Q3 2018, The Group has cost

subsidiaries has revenue from sales of thermal energy and Electricity  Income from project work of 647.0 Million Baht as 382.54 Million Baht decreased or 37.16 percent when compared to same period of previous

financing activities amounting to 12.57 million baht. From an impact of COVID-19, the Company stocked up more of raw materials in Quarter 1/2020 that resulted to a rise in inventories and short-term