export sector has expanded well from the economic recovery of trade relevant countries. Beside, company and its subsidiaries recorded the profit sharing to non-controlling interest in a subsidiary by Baht

months ended 31st December 2019 of the Company and its subsidiaries as details below: (Unit: Baht millions) 1. Operating Performance For the period of three months ended 31st Dec 2019, the net profit for

1.88 -33.9% Share of profit from investment in associate 1.95 2.14 -0.19 -8.9% Income tax expenses -23.50 -49.39 25.89 -52.4% Net profit 134.30 200.70 -66.40 -33.1% Minority interest in subsidiary -47.35

income 4.1 6.1 -32.5% Cost of sales - 159.6 - 150.9 -5.8% Selling expenses - 4.5 - 5.6 19.8% Administrative expenses - 7.2 - 6.6 -9.4% Finance costs - 3.0 - 0.7 -298.0% Profit for the period 2.4 11.9 -79.9

- 747.8 - 679.6 10.0% Selling expenses - 20.1 - 15.9 26.3% Administrative expenses - 44.0 - 45.0 -2.2% Finance costs - 7.9 - 11.4 -30.3% Profit for the period 42.6 131.7 -67.7% Net Profit 4.9% 14.5% EBITDA

Group has THB 9.64 million other income in 2018, reduced from THB 11.42 million in 2017. Main factor was decreasing yield from reducing S-T investment principal. Cost of Sales and Gross Profit Unit : THB

for the third consecutive year from mid-November to early December. The performance of the Company and its subsidiaries continued to grow, recording total revenue and profit at baht 64,234.49 million

per visit increased to over THB 1,600. Despite the slight Operation : Consolidated Profit & Loss Statement 1Q 1Q % Unit : THB million 2019 2018 change Revenue from non-social security 248.35 218.24 14

) which is held 33.37 percent of total shares by ECF Power Company Limited (ECF-P) and ECF-P is the subsidiary held 99.99 percent by the Company. At the present, SAFE could gain profit from biomass power

Microsoft Word - Operating Result for the first quarter of 2020 SBN 010/2020 May 14, 2020 Subject : Operating Result for the first quarter of 2020 To : The Managing Director, The Stock Exchange of