the projects launched in Q4/18 of the Company and its subsidiaries (“the Company”) which are, “the Estelle Phrom Phong” and “TAIT 12”, as well as other projects within the same segment. In addition, the
Performance for the year ended December 31, 2018 business of the Company due to the increase of cost of program right which was invested during the period to support the business growth. In addition, the
than previous year as well as better cost management. Current Baht to Dollar in this year is around 31.3-33.6 Baht. In addition, Baht to Dollar in previous year is around 32.7-36.1 Baht. Other incomes
having the same major shareholder with the Company which is KG, in addition, KG and SSG III are major shareholder in Asia Credit Opportunities I (Mauritius) Limited which holds shares directly 24.00
., Ltd. (“WCIG”) decrease from last year because the company changed in business model from company owned to franchise model since 2017. In addition, due to highly competitive (both direct and indirect
used in investing activities mainly resulted from payment for the M&E equipment of the MRT Blue Line Project in the amount of Baht 1,993 Million and addition investment in subsidiary in the amount of
international power developers, namely the Glow Group, the Gulf Group, the B. Grimm Power Group, SUEZ, the Gunkul Group, and Mitsui and Tokyo Gas. In addition, WHAUP has also developed and operated its own
with the first 10 stations in Bangkok. In addition, the Company has expanded its business into Personal Loan / Nano Finance business and the payment system for member stores business. The personal loan
298.47 million. In addition, the cash flow hedge reserve decreased equity in the amount of Baht 276.10 million. Management Discussion and Analysis For the 1st Quarter Ended 31 March, 2019 Page 8 4