Management Discussion and Analysis 1. Significant events in the third Quarter of 2019 1.1 The progress in construction projects 1.1.1 Project completion - SBPL Project, a project of San Buenaventura Power Ltd
amortisation period from 16 years to 18 years. Gross Profit of Solar Energy Power Plants increased from the same period of last year, since Solar Energy Power Plant segment is in the started-up phase in year
increased from the same period of last year, since Solar Energy Power Plant segment is in the started-up phase in year 2019, therefore the segment has loss on operations. 7 Administrative expenses
reasons of QoQ as above. In addition, Gross Profit of Solar Energy Power Plants increased from the same period of last year, since Solar Energy Power Plant segment is in the started-up phase in year 2019
the compensation in 2 projects at installed capacity 30 MW per project. The Group submitted the lawsuit since 2020 and, at present, the lawsuit still in the progress of consideration of the Central
at the end of 2021, the Company does not have large project that requires a lot of investment compared to the end of 2020 which is a large project in progress. Therefore, the purchase of goods and
projects at installed capacity 30 MW per project. The Group submitted the lawsuit since 2020 and, at present, the lawsuit still in the progress of consideration of the Central Administrative Court
UNOFFICIAL TRANSLATION Codified up to No. 3 As of 9 June 2015 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference
(IMA) Control Environment 1. The organization demonstrates a commitment to integrity and ethical values. Questions Yes No 1.1 The board of directors and the management set up principles and guidelines