Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 September 2021 of the Company and the subsidiaries

consumption remained subdued amid concerns about the ongoing Omicron outbreak and rising inflation. The demand from the traveler segment also remained soft albeit slight increase in tourist arrivals. These have

by rising credit costs. These tighter lending conditions significantly affected domestic car sales, particularly in the pick-up truck segment, which traditionally relies heavily on availability of

continues to grow steadily, with relatively high gross profits. In Q3, the corporate client segment showed a recovery in private sector investment and a return to normal government disbursements, contributing

every business segment.  In Q4/2018, the Company and its subsidiaries recorded loss of Baht 143 million, including 2 one-time expenses which were non-cash items, totaling Baht 51 million including higher

ารองไฟฟ้า (MCISBU) 990 2.0 1,137 2.4 1,052 2.2 ผลิตภณัฑ ์EISBG (Energy Infrastructure Solutions) 1,178 2.4 953 2.0 937 2.0 - PV Inverter BU 1,172 2.4 949 2.0 881 1.9 - Medium Voltage Drive BD 3 0.0 2

continued intense competition. The postpaid segment further developed a positive momentum and contributed a larger pie YoY in revenue share. Accelerated 5G users with superior network and service experiences

completed segment but not yet completed which those reached the invoice. As the result, Unbilled Receivables increased. The loan to related parties decreased 18.0 MB or 100% due to repayment of loans during

. …….…………………………….………………………… 8. …….…………………………….………………………… 9. …….…………………………….………………………… 10. …….…………………………….………………………… . 11. สัดส่วนรายได้ : บริษทัอาจแสดงข้อมูลในรปูแบบกราฟหรือ บรรยายก็ได้ ทั้งนี้ หากมีข้อมูลแยกตาม segment ให้แสดง

. …….…………………………….………………………… 8. …….…………………………….………………………… 9. …….…………………………….………………………… 10. …….…………………………….………………………… . สัดส่วนรายได ้: บริษทัอาจแสดงข้อมูลในรปูแบบกราฟหรือ บรรยายก็ได ้ ทั้งนี้ หากมีข้อมูลแยกตาม segment ให้แสดง