3,903 3,681 222 6.0% Sales and service income 3,628 3,588 40 1.1% Other income 127 92 35 38.0% Gain on disposal of investment 147 - 147 100% Cost of sales and services 3,400 3,351 49 1.5% SG&A expenses

further BOI tax optimization. Net income was slightly down year-on-year given the higher depreciation and financing cost, despite the improvement in EBITDA 3.2. Assets, Liabilities & Shareholders’ Equity

Baht 31.3 million. 4) Financial cost increased by Baht 0.4 million. 5) Company record loss sharing in joint-venture by equity method of Baht 0.2 million decreased from the quarter 2/2016 by Baht 1.1

million increased by Baht 14.4 million or 7.2% from the quarter 3/2016, mainly due to increase of export and domestic sales. 2) Cost of sales in quarter 3/2017 of Baht 179.4 million, same as the quarter 3

to increase of export sales increased by Baht 10.95 million and local sales increased by Baht 1.45 million. 2) Cost of sales increase by Baht 4.38 million mainly from increase from employee benefit

was in Baht 26.8 million) 4) Financial cost decreased by Baht 0.5 million, mainly due to decrease of interest expense. 5) Company record loss sharing in joint-venture by equity method of Baht 1.2

18.85 million mainly from the decrease of an unrealized gain from mark-to-market price of investment in listed equity securities and the gain on debt securities from the reduction the Company’s investment

. In response to such change, the SEC closely monitors mega trends in international markets and aims to ensure the Thai capital market regulatory framework does not impede new developments. Equity

TS4 ) achieved their COD since 2Q2017 as per the planned schedule, increasing our Equity MW under Operation further to 509.6 MW.  As of the end of 1Q2018, we had Baht 7,610.0 million of Net Interest

due to 1) sales decrease; 2) higher cost per unit as a result of lower utilization rate; 3) higher depreciation; 4) higher excise tax and sugar tax following the Excise Act, B.E. 2560; 5) sales