period 5,126.4 9.66 4,928.8 10.01 197.6 4.01 5,516.3 11.77 (389.9) (7.07) Breakdown of sales revenues by business group Product Group 2018 2017 2016 revenue % revenue % revenue % Power Electronics Group

deferred revenue amounting to THB 2,100.6 mm to statement of comprehensive income for this period. • Share of profit from power associates and joint ventures decreased by 53.0%, mainly due to the planned

of Derivatives Business Operators dated 3 August 2009 stipulate that the appointment or consent to have any person become or act as a director, manager or person with power of management of derivatives

) which is held 33.37 percent of total shares by ECF Power Company Limited (ECF-P) and ECF-P is the subsidiary held 99.99 percent by the Company. At the present, SAFE could gain profit from biomass power

solar power plant project in Myanmar (Green Earth Power (Thailand) Co.,Ltd.) increased and not yet been started the commercial operation. However this project is expected to be started the commercial

LIMITED AURORA DESIGN PUBLIC COMPANY LIMITED AUTOCORP HOLDING PUBLIC COMPANY LIMITED B-52 CAPITAL PUBLIC COMPANY LIMITED B.GRIMM POWER PUBLIC COMPANY LIMITED BAAN ROCK GARDEN PUBLIC COMPANY LIMITED BANGCHAK

& Trading Business Group 12 Marketing Business Group 13 Power Plant Business Group 16 Bio-Based Products Business Group 18 Natural Resources Business Group 20 Statement of Financial Position 22 Cash Flows

quarter of 2017. The main reasons were as follows:- 2.2.1 The profit of Hongsa Power Company Limited ("HPC"), a joint venture, in a portion of 40 percent increased in the amount of Baht 432.85 million; as

full business and also the impact of the lower cost of fuel from the later shipments in 2018. Efforts continue to optimize cost further with a number of projects in the pipeline most notably on

than expected improvement projects on the kilns. However, going into H2 variable cost savings will add to EBITDA as we see the impact of lower fuel costs Efforts continue to optimize cost further with