) of Baht 26 million in 2019 while the revenue from Combined Electricity and Power Company Limited (CHPP) had a slight fall in revenue corresponding to existing projects. PAGE 4 MANAGEMENT DISCUSSION

or purchasing through food delivery services. G R O S S P R O F I T a n d G R O S S P R O F I T M A R G I N : • The Company’s EBITDA in Q4/2022 and 2022 were THB 83 million and THB 306 million

gas-fired combined cycle cogeneration power that commenced COD on February 1, 2018. It has an installed capacity of 133 MW and sells electricity to EGAT 90 MW under a 25-year PPA. The Project was able

approximately AUD 10 million. It is expected to commence commercial operation within December 2018. 1.1.3 Riau Combined-Cycle Power Plant Project in the Republic of Indonesia On April 7, 2017, RH International

(English translation) No. BGRIM 17/2563 17 September 2020 Subject: Information Memorandum on Asset Acquisition from Investment in the Development of 7 Combined Cycle Cogeneration Plants To: President

100 – 500 MB. In this regard, the large projects in which the Company has recognized revenue in 2020 such as The New Parliament Project in Information and Communication Technology, The Purchasing and

, three projects are completed, namely, Lumpini Park Beach Cha-am 2, Lumpini Park Phetkasem 98 (C,D) and Lumpini Ville Ratburana-Riverview 2 with the combined value of 3,180 million THB. Moreover, Lumpini

%, primary by higher Gross Profit of High-Valued Document. Excluding extra expenses that are combined as part of the cost of sales in 2Q19. Consisting of the impact of the legal adjustment of compensation for

. Total GRM increased by 5% YoY and 17% QoQ from the improved Market GRM that rose due to significant increase of production after the turnaround maintenance (TAM) , combined with crude cost that benefited

consideration and approval of the connected transaction and acquisition of assets from purchasing of land with building on the land title deed number 24421, Bangbon Sub-district, Bangbon District, Bangkok from Mr