company closely monitors the situation in order to adjust strategy, management, and resolve any situation in a timely manner. For the collective financial statement, the Company Group earns from

from the overall operating results. Explanation and analysis of financial status as at 31 December 2019 The group’s assets increased by Baht 64 million, mainly due to the following reasons: • Trade and

) (0.36) (0.21) (81.45) SAAM Energy Development Public Company Limited - 2 - Revenue Total revenues from operation of SAAM Group consist of (1) revenues from provision of service and rental including the

performance of the Group Unit: Million Baht Q1’ 2018 Q1’ 2017 Increase (decrease) Variance (%) Total revenues 1,977 1,570 407 26% Net profit 116 50 66 132% The Group has total revenues of Baht 1,977 million for

, the Company Group earns from transportation service in quarterly basis, for the year ended December 31st, 2019, for 1,153 million baht increased from the previous year for 33.86 million baht (3.03

of electricity generated by SAAM Group’s solar power project operating in Thailand amounting to THB 0.31 million. Moreover, SAAM Group has decreased administrative expenses following decreases in

operation of Carabao Tawandang Company Limited (“CBD”), the Group’s overseas sales under the Intercarabao Limited (“ICUK”)’s operation amounted to THB 45 million, decreased by THB 51 million or 53.1%, mainly

ending 30 June 2018 and 2019, the Group’s other income decreased from THB 29.2 Mn to THB 14.8 Mn respectively, a decrease of THB 14.4 Mn or 49.3%. This decrease was mainly due to the Group had other income

statements, the Company and its subsidiary ‘s gross profit (“the Group”) was at 22.9 percent decreased from the prior year same quarter at 1.7 percent  Other income In Q2/2019, other income was Baht 7.8

, excluding this 1-time income, the Group’s other income increased from THB 17.7 Mn to 26.5 THB Mn, an increase of THB 8.8 Mn or 49.7%. This increase was mainly due to 3 Zen Corporation Group Public Company