Microsoft Word - MD&A Y2018 _E_ - Final Ratchaburi Electricity Generating Holding PCL Management Discussion and Analysis For the Year Ended December 31, 2018 Management Discussion and Analysis For
system including the electricity, water supply, communication and fire extinguishing system. Additionally, the decoration of the entire park has been partly designed and decorated. There are also parts
development of utility system including the electricity, water supply, communication and fire extinguishing system. Additionally, the decoration of the entire park has been partly designed and decorated. There
revenue from steel tower manufacturing and revenue from sales of electricity. In 3rd quarter of 2019, The Group reported revenue from steel tower manufacturing and revenue from sale of electricity in the
rendering of related services to the group customer, with 17 operating solar power projects in Thailand, and (2) revenue from the sale of electricity from its own solar power project operated by its direct
clients who operate 17 solar power projects in Thailand, and (2) revenues from the sale of electricity from its own solar power project operated by its direct subsidiary. SAAM Energy Development Public
project site location and rendering of related services to clients who operate 17 solar power projects in Thailand, and (2) revenues from the sale of electricity from its own solar power project operated by
came from revenue from transmission and telecommunication tower and revenue from sales of electricity. In Q1-2020, The Group reported revenue from transmission and telecommunication tower and revenue
efficiency. PERFORMANCE OVERVIEW 2 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 Revenue Major revenue of The Group mainly came from revenue from steel tower manufacturing and revenue from sales of electricity. In
2019 Revenue Major revenue of The Group mainly came from revenue from Transmission and Telecommunication Tower and revenue from sales of electricity. In 2019, The Group reported revenue from steel tower