Consolidated Unit : Million Baht Quarter 3 Quarter 3 +/- 2017 2016 Income Revenue from sale of goods 7,109 5,256 35% Reversal of bad and doubtful debts 8 5 74% Reversal of provision for loss on purchase orders

million 3. Management Discussion and Analysis 3.1 Revenue from construction for the second quarter of 2019, has decreased when compared to the same quarter of 2018, by Baht 846.73 million or 38.49%. The

(loss) for the year (from the separate financial statements) Baht (380.99) million Baht 470.09 million 3. Management Discussion and Analysis 3.1 Revenue from construction in 2019, has decreased by Baht

increase in core business revenues by 11% y-y, and bad debt recovery by 27% y-y. The revenues of subsidiaries in Thailand and overseas shares 6% of total company’s revenues and overseas revenue grew by 50

ended 31st December July - Sept 2018 July - Sept 2017 Change % Change Apr - Dec 2018 Apr - Dec 2017 Change % Change Revenue from sales & service 791.59 793.67 -2.08 -0.3% 2,489.75 2,531.58 -41.83 -1.7

half Consolidated financial statement ended 30th Sept ended 30th Sept July - Sept 2017 July - Sept 2017 Change % Change Apr - Sept 2017 Apr - Sept 2017 Change % Change Revenue from sales & service 927.44

Sept ended 30th Sept July - Sept 2018 July - Sept 2017 Change % Change Apr - Sept 2018 Apr - Sept 2017 Change % Change Revenue from sales & service 844.39 927.44 -83.05 -9.0% 1,698.16 1,737.91 -39.75

Management Discussion and Analysis for the Year 2019 1. Operating Results (Company and Subsidiaries) Consolidated revenue for year ended 2019 of both treatment of industrial waste business division

budget. The projects already contributed Baht 183 million revenue in Q2’19 based on the 20-year PPA with Electricity of Vietnam (EVN) with tariff of USD 9.35 cent per kWh. DT1&2 solar projects and Phu Yen

services 29.87 1.64 26.02 1.34 19.07 0.99 15.72 1.04 10.92 0.80 Revenue sharing from photography services 18.63 1.02 5.93 0.31 - - - - - - Other operating 29.83 1.63 26.28 1.36 31.25 1.62 23.11 1.54 23.33