from Sales and Services Description Year 2020 Year 2019 Increase / (Decrease) Million Baht % of Total Revenue Million Baht % of Total Revenue Million Baht % Revenues from Sales 1,143.16 92.40 1,213.54

from our first hydro power projects – XXHP – achieved COD in August 1, 2017 with an installed capacity of 20 megawatts. ABBREVIATION & OUR PROJECTS FINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF

the Q4-2017, the projects were not yet due to deliver. As a result, revenue in Q1-2018 decreased. In terms of total operating expenses, it usually varies with the increase or decrease in revenue

costs and revenues. Selling Expenses of Q3-2017 was decreased from Q3-2016 representing decrease of 14.8 MB or 20.8% due to the decrease in the commission rate. Administrative Expenses of Q3-2017

venturer in Shahahydro joint venture with the 100.00% shareholding. During the 3rd quarter, the construction of the project has been already implemented with the work progress equivalent to 8.28%. 3. SUT

and Analysis EXECUTIVE SUMMARY SIGNIFICANT EVENTS ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 Commercial operation of

THB 16.94 million or 5.60% from the end of year 2017 mainly due to increase in renewable energy development projects in progress and cash from operation and a decrease in PPE from depreciation of the

Profitability (2.1) Revenues from Sales and Services Year 2017 Year 2016 Increase / (Decrease) Description Million Baht % of Total Revenue Million Baht % of Total Revenue Million Baht % 2nd Quarter (April – June

-0.7% resulted from decrease in number of tourists of the subsidiary. million % Sales of tickets 341.97 336.23 5.74 1.7 Sales of food and beverages 106.34 111.83 (5.49) (4.9) Other revenue from

net profit in Q2/2019 of 28.2 MB with decrease of 7.0 MB or 20.1 percent, when compared to Q2/2018 (net profit in Q2/2019 of 35.3 MB) as following results:  Revenue The Company and its subsidiaries had