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
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
in personnel management and investment in the company very well as individual or / or institutional investors. according to the announcement of the related transaction, in the event that investors
derivatives in accordance with the latest financial statements audited by auditor; (2) individual when combining with spouse having any of the following characteristics: (a) having net asset value not less than