Clean Power Phase 1 (IRPC-CP Phase 1): The revenue in Q2/2017 increased by 43% due to a major industrial customer resumed its normal operation from a maintenance in Q1/2017, resulting in Baht 62 million

certain office space at Singha Complex in 4Q17 performance. Major Developments in 1Q18 • Approved in the 2017 AGM, in February, S Hotels and Resorts (SC) Co., Ltd. (a 99% subsidiary) invested in Phase 1 of

Aspen Condo Phase A and transfer right of the ownership of condominium Phase B is higher than Phase A. 3.4 Selling expenses for the third quarter of 2019, has increased when compared to the same quarter

company delivered work to customers who postponed from the previous year and recognized revenue from the production line installation project and testing of the production line in the first phase according

project and testing of the production line in the second and third phase according to the percentage of completion of the work. As a result, the operating results for the nine month period ended September

increased from business expansion. For the 9M/2018, the net profit improved by Baht 420 million or 17% from 9M/2017. The gain was primarily due to start-up of IRPC-CP Phase 2 and ISP1 in Q4/2017 and the

ENDED DECEMBER 31, 2019 1. Analysis of operation results for year 2019 in compar ison with those for year 2018 (from the consolidated financial statements) Items 2019 2018 Increased (Decreased) Amount

against the USD and EUR in the period. The increase in revenue was primarily due to volume growth of 6.6% Q-o-Q and 3% Y-o-Y that was supported by an increase in capacity from the Phase 3 at the new plant

and the Project Crossroads Phase One. Administrative expenses The administrative expenses increased by 368.0% from the six months ended June 30, 2018 to THB 512.5 million for the six months ended June

sector continued to recover as the number of foreign tourists increased due to the relaxing of travel restrictions, especially international travel, and the relaxing the practice of wearing masks across