a compounded annual growth rate (CAGR) in revenue of approximately 13% per year. The strategic direction to expand the business through mixed-use development, such as new shopping malls, enhancement

EBITDA during this quarter. 5. Bangchak Retail Co., Ltd. has constantly maintained the development and expansion of its business, as of Q1/2019 the number of Inthanin Coffee branches increased by 6

by Baht 11.33 million or 2.40 % due to the Medical personal expenses increased from the expansion of the subsidiaries. 3.Administrative expenses increased by Baht 29.82 million or 30.84 % due to the

Analysis For the Operating Results ended June 30, 2019 In Q2/2019, the amount of aviation fuel services volume at BKK and DMK totaling up to 1,451 million liters, which have the growth rate of 0.5%(y-o-y

Discussion and Analysis For the Operating Results ended September 30, 2019 In Q3/2019, the amount of aviation fuel services volume at BKK and DMK totaling up to 1,499 million liters, which have the growth rate

growth 2019 was a remarkable year for B.Grimm with a 40% growth in operating capacity or by 820 MW to 2,896 MW while the company still have a number of under- development projects to drive total installed

the investment in branch expansion and development of IT systems and equipment in Q3/2019 as indicated in theprospectus 12. Opinion of the Company’s Audit Committee and/or directors which differs from

and liquidity of the Company because the Company has no loan obligations. While waiting for the investment in branch expansion and development of IT systems and equipment in Q3/2019 as indicated in the

Equity Capacity COD of projects Selective Growth COD of projects ERU +250MW Rayong WTE +10MW Expansion+18MW +2,771MW COD of projects CUP 4 +45MW NL1PC +26MW CUP 3 Expansion +15MW XPCL +321MW +39.5MW Note

than in 2017 which mainly supported by acceleration of global economy growth. Moreover, expansion in private consumption, export growth, and private investment from last year was due to higher consumer