year 2017. The revenue from service business of the year 2018 Baht 3,358.62 million was decreased of Baht 368.06 million or 9.88% comparing to the revenue from services business of Baht 3,726.68 million

total revenue of Baht 1,175.44 million of the same period of last year. The revenue from service business of the 2nd quarter of year 2019 amount Baht 807.93 million was decreased of Baht 152.67 million or

the total revenue of Baht 1,034.17 million of the same period of last year. The revenue from service business of the 3rd quarter of year 2019 amount Baht 652.87 million was decreased of Baht 187.47

4,151.37 million of last year. The revenues from service business of the year 2019 amount Baht 2,678.34 million was decreased of Baht 680.29 million or 20.25% from the revenues from services business of Baht

its subsidiaries (the “Company”) reassessed its business structure to move towards Green Businesses targeting renewable energy and real estate business. To pursue its business strategy, the Company

businesses since we focus on expanding customer base with business expertise • Overall gross profit margin increased from 9.8% to 11.3% amount Baht 45 million. 2019 2018 Change % Change Revenue 1,839 1,673 167

Company Limited (“Solaris”). The allowance is based on a conservative accounting approach. This amount can be reversed in the future if debt is repaid. Other reasons are as follow:- 1. Total revenue

Asset Management Public Company Limited Contents 1. Key Highlights in Q1/2020 2. Key Changes to Accounting Principles (TFRS 9) 3. Management Discussion and Analysis 3.1. Selected Financial Position and

2267 1900 Website: www.bam.co.th Investor Relations Email: ir@bam.co.th https://www.bam.co.th/ mailto:ir@bam.co.th Contents 1. Key Highlights in Q1/2020 2. Key Changes to Accounting Principles (TFRS 9) 3

decrease was derived from engineering service, solar energy, and Trading business. • Overall gross profit margin decreased from 13.3% to 9.1% amount Baht (24.09) million. 2019 2018 Revenue 383.44 443.08