in joint ventures in the period ended 31 December 2019, the balance of Baht 5.30 million and Baht 3.53 million respectively were described as followed: 1. SAFE Energy Holdings Company Limited (“SAFE

assets increased from accrued export incentive and directors’ remuneration, investments in joint ventures increased from proportional shareholding in Safe - 4 - Energy Holdings Company Limited, property

) ABICO HOLDINGS PUBLIC COMPANY LIMITED FOR THE SECOND QUARTER 2022 THREE MONTHES AND SIX MONTHS 1. STATEMENTS OF COMPREHENSIVE INCOME 1.1 Revenues from sales and services (Unit: Million Baht) For the

million derived from gain (loss) from investment value of the associates with the details as follows; 1. SAFE Energy Holdings Company Limited (SAFE) which is held 33.37 percent of total shares by ECF Power

ventures in the first quarter of 2019, the balance of Baht 1 million was described as followed: 1. SAFE Energy Holdings Company Limited (“SAFE”) is the joint venture that the Company holds 33.37%. Currently

from the same period of the last year at the amount of Baht 0.25 million derived from gain (loss) from investment value of the associates with the details as follows; 1. SAFE Energy Holdings Company

2019, the balance of Baht 1 million was described as followed: 1. SAFE Energy Holdings Company Limited (“SAFE”) is the joint venture that the Company holds 33.37%. Currently, the project has commenced

of Baht 1 million was described as followed: 1. SAFE Energy Holdings Company Limited (“SAFE”) is the joint venture that the Company holds 33.37%. Currently, the project has commenced the operation of

year due to the profit realized from the biomass power plant project 7.5MW of Prize of Wood Green Energy Co.,Ltd., invested by Safe Energy Holdings Co.,Ltd., started the commercial operation date on

ventures in quarter 3, the balance of Baht 1.2 million was described as followed: 1. SAFE Energy Holdings Company Limited (“SAFE”) is the joint venture that the Company holds 33.37%. Currently, the project