, meanwhile, achieved lower electricity unit consumption compared to last year thanks to the Company’s continuous effort to conserve energy and utilities in operations. Hence, the same-store utility cost

1.72 million or 3.09% from the same period SAAM Energy Development Public Company Limited - 2 - of previous year mainly due to decrease in sales of electricity and decrease in other income from

Nakorn Electricity Generating Company Limited (NNEG) Expansion Phase (92.3% construction progress) 2. Rayong Waste to Energy (WTE) (57.5% construction progress) 3. Energy Recovery Unit: ERU Project (29.0

sale volume and Ua Withya PCL has more revenue from its subsidiaries (as nature of business are selling agricultural products and distribution of electricity to Provincial Electricity Authority in Nakhon

PCL) has more sale volume and Ua Withya PCL has more revenue from selling electricity to Provincial Electricity Authority in Nakhon Ratchasima province and also more revenue from selling electricity of

business structure to move towards Green Businesses targeting renewable energy, materials recycling and eco management. To pursue its business strategy, 36 MW solar farms in Thailand have been acquired in

Solar Energy Business 131.23 121.16 10.07 8.31 Cost of sales and services 198.74 137.74 61.00 44.29 Printing Business 147.84 88.57 59.27 66.92 Solar Energy Business 50.90 49.17 1.73 3.52 Gross Profit

(4.28) (2.73) - Electricity business 191.02 146.13 44.89 47.12 Other income 83.86 7.91 75.95 1,003.17 Total revenues 427.44 310.89 116.55 37.49 Cost of sales and services 204.38 195.36 9.01 4.61

to an increase in Thailand’s electricity consumption. During September to December of 2017, the Energy Regulatory Commission (ERC) decided to increase the Ft rate for 8.87 Sa-tang per unit, resulting

million or 6% due to the increase in revenue from Energy Payment (EP) resulting from higher electricity dispatched volume to EGAT. Nevertheless, revenue from Availability Payment (AP) dropped from lower