increase the normal capacity during off peak power usage in 4th Quarter of 2017. - Gain from debt restructuring was achieved of THB 734 million some portion resulting from debt-to-equity conversion scheme in

for producing of HRC to increase the normal capacity during off peak power usage in 4th Quarter of 2017. - Gain from debt restructuring was achieved of THB 734 million some portion resulting from debt

the increase in total production cost, the company and subsidiary still could generate the Cash Margin which indicate that the Company was well in operation management. Net gain on foreign exchange rate

) (71) Net Financial Costs (13) (0) (37) (0) 24 (65) FX Gain/Loss(1) 17 0 (51) (1) 68 (133) Share of Profit/(Loss) from investment 47 1 46 1 1 2 Income Tax Expenses 4 0 (3) (0) 7 (233) Net Profit bef

selling expense to increase, 1Q2020 net profit reported at THB 335M or still increased by 14% YoY because of other income representing THB 423m recognized as a gain from selling share of SHR’s subsidiary

- Loss on impairment of machineries 23,543 - +100.00 - Finance Costs 5,038 8,705 -42.1 Total Expenses 332,892 342,077 -2.7 Gain (loss) before loss on investments in associates and income tax expenses

Group”) as follow: * Extraordinary items from non-operating, consists of unrealized gain (loss) on exchange rate of receivable under finance lease and gain (loss) on forward contracts. Consolidated

179,674 3.6 Fees and services expenses 597,665 442,747 154,918 35.0 Fees and services income, net 4,604,034 4,579,278 24,756 0.5 Gain on trading and foreign exchange transactions, net 276,581 457,007

latter decreased in production due to the adjustment stock management to suitable with the decrease in HRC market price worldwide. - Gain on exchange rate was achieved of THB 193 million in Q2-2017, which

-28.9% 29 49 69.0% Gain (Loss) on exchange rate (38) (6) -84.2% (14) 8 -157.1% B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis FINANCE COST AND TAX ABBREVIATION & OUR