total revenues compared to Q3 2016 and reinforces our goal for the year of increasing topline growth. Optimizing our electricity usage and eliminating waste positively impacted on the cost side. However

Provincial Electricity Authority that started the project since the first quarter of 2018 has been completed in the first quarter of 2019. Smart service business The Company had revenue from smart service

REIT (“CPNREIT”) in December 2017, and the increase in utility cost due to the increase in electricity Ft rate since May 2017. CPN continues to emphasize on effective revenue generation through new

., Ltd. registered in Thailand with initial registered capital of THB 700 million, in which the company holds 100% share, to conduct businesses regarding bio-based products business operation, and to

Profitability The profitability of the Company in 2016 increased from that of the year 2015 because the Company adopted measures on reducing expenses, such as electricity bill and expenses related to employees

Shares to Specific Investors (Private Placement) constituting a Connected Transaction, Reduction of Registered Capital, Increase of Registered Capital, Amendment of Memorandum of Association, Waiver from

of project to improve and add CCTV for a government agency. In addition, the installation of LED electricity system in the buildings of government agencies of the Ministry of Justice were completed in

electricity. Q1 2019 EBITDA rose considerably versus Q1 2018 an increase of 11% and while we face competition on volumes which may lead to revenue erosion the expectation is that the efforts on cost reduction

controlled by SSG Capital Holdings Limited (“SSG CH”), SSG Capital Partners III, L.P. (“SSG III”) and Kendrick Global Limited (“KG”) (collectively referred to as the “SSG Group”). SSG Group had seriously

electricity sales at a similar level from the previous year, but decreased from the previous quarter due to transitions into the rainy season, even with the commencement of commercial operation of the