V3 27/02/63 0 V3 27/02/63 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in 2019 In 2019, the Thai economy grew by 2.4 percent year-on-year, down from

” in Asian Power Awards 2019. Furthermore, BGRIM also awarded the “Solar Power Project of the Year 2019 – Thailand” for the first Thai Green bonds certified by the Climate Bonds Initiative and the “Solar

COVID-19 pandemic, we have adopted measures to ensure stability and continuity of our electricity and utilities supply system. In terms of business expansion, GPSC focuses on expansion of investment in

Organization which start operate since April 7, 2017 until January 1, 2020 on own land 20 plots locate at Moo 3 Thai Mueang District, ampher Thai Mueang, Phang Nga Province. Remark : it is the renewal from

stagnated for 85% since the end of last year. Nevertheless, the Company’s business expansion to the Philippines helps extend the customer base and diversify its revenue streams which mitigate the risk of

economic activity in the second quarter of 2017 continued to expand, driven by export of goods which showed a high and more broad-based expansion and the tourism sector which continued to expand steadily

matter. • Progress of construction plan for Rayong Central Utilities' expansion phase This project was previously named Central Utilities Plant 4 (CUP 4) whose construction is for producing electricity and

144.2 607.6 017 cussion and nge of Thai ompany Lim e resolution y’s subsidia ed by the C nancial state the third qu ent. Thus, t financial st which was ofit ratio of ection and n the group Q3/2016 MB 4

Translation (Translation) PAGE (Translation) -6- Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. The SEC

Translation (Translation) Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. The SEC, Thailand cannot undertake any