. Meanwhile, farm income declined due to a more-severe-than expected impact of the drought. The Bank of Thailand reduced Thailand’s economic growth projection for 2020 to contract 5.3% (as of March 2020

Growth Leasehold REIT (“CPNREIT”) and CPN Commercial Growth Leasehold Property Fund (“CPNCG”) The Company managed 34 shopping centers (15 projects in Bangkok Metropolitan Area (BMA), 18 projects in the

promotion – and clarify the respective rights thereof as well. In the event that the Company or a subsidiary undertakes a property development business, clarify the characteristics of each ongoing significant

Assets Property, Plant and Equivalents 326,511,114.61 20,763,637.86 Goodwill 14,116,234.54 14,116,234.54 Other intangible assets 67,141.01 184,560.57 Deferred Tax Assets 3,160,628.50 2,899,356.64 Advance

Revenue from finance lease contract 2,923.23 3,335.81 (412.58) (12.4) Share of profit of associates / joint ventures 3,968.38 4,735.47 (767.09) (16.2) Gain on bargain purchase - RATCH Cogeneration Company

Industry In the first quarter of 2021, Thai economy continued to contract when compared to the same period last year, due to the new wave of the COVID-19 outbreak and containment measures strictly

. The project has entered into the PPA with EGAT for 25 years with the contracted capacity of 90 MW. Additionally, the project has the 7 years contract with industrial user to sell 12 MW of electricity

basis net income rose 19%. 3.2. Assets, Liabilities & Shareholders’ Equity Similar to comments made in Q3 the main contributors to the increase in total assets are from an increase in property, plant and

2018 by 166.51% from the same industrial customers, which entered into short-term contract with specific quantities and delivery term (Made to Order). The Company to efficiently control inventories aging

agreement with the condition that the contract will be binding upon obtaining the approval of the shareholders’ general meeting which will be held on April 22, 2019. 2. Transaction parties involved Seller