decreased 1.3% YoY, thanks to CPN’s continuous effort to conserve energy usage. Hence, the cost-to-revenue ratio is expected to be similar to the magnitude of last year amidst the increasing trend of

attributed mainly by number of factors, namely 1.) Growth in Tourism sector from visa-on-arrival measure and Hong Kong disturbance which reflects an increasing in tourists 2.) Government spending for

that is different from other power producers; increasing its knowledge and personnel in operating power plants that use petroleum pitch as fuel; in the design, construction, management and the

that is different from other power producers; increasing its knowledge and personnel in operating power plants that use petroleum pitch as fuel; in the design, construction, management and the

operations include (i) natural gas price and coal price that continued to drop further from previous quarter resulting in lower costs of sales and increasing industrial customers sales margin in spite of the

supplying electricity and steam of the company can be enhanced by leveraging the expertise and technological advancement of both companies in order to respond to customers needs. • Increasing efficiency of

, 2018, primarily due to an increase in performance- based bonus payments to employees in accordance bonus policy, record of increased employee expenses in accordance with the Notification of State

for the health of customers. Regarding the business operation and progress tracking of the Company, the Company shall conduct in accordance with the laws, regulation and relevant notification of the

. 5. General Characteristics of the Transaction Transaction Type: Acquisition or Disposal of Assets of Category 2 as classified following the Notification of the Stock Exchange of Thailand Consideration

” in the Notification of the Securities and Exchange Commission No. KorChor. 5/2552 Re: Definitions used in the SEC’s Notifications Relating to Issuance and Offering of any Type of Debt Securities dated