) (120.67) (27.57) 22.84 Profit before share loss from investment in joint venture and income tax 21.82 13.33 8.49 63.80 22.21 13.49 8.72 64.65 Share of loss from investment in joint venture (0.86) (4.13

. - Management fee income in Q1/2019 amounted 20.81 million baht increased by 10.81 million baht or 108.10% from 10.00 million baht in Q1/2018 due to the increase in revenue from joint venture project and juristic

. - Management fee income in Q2/2019 amounted 21.56 million baht increased by 8.88 million baht or 70.03% from 12.68 million baht in Q2/2018 due to the increase in revenue from joint venture project and juristic

) (257.6) (22.9%) Share of Profit from Investments in Associates and Joint Ventures 246.8 685.9 (64.0%) 906.1 936.7 (3.3%) Income Tax (Expense) Income (19.8) (4.8) 311.9% (26.6) 13.1 (303.7%) Profit

, approximately the same level as last year of THB 104.9 million. Profit sharing from investments in associates and joint ventures increase by THB 19.5 million or 44.3% from the same period last year. As a result

/Companies HPC Hongsa Power Company Limited, an indirect joint venture in proportion of 40 percent NRER Nexif Ratch Energy Rayong Company Limited, an indirect joint venture wholly-owned by NERS NRES NEXIF

- Translation - CBG 009/2020 March 10, 2020 Subject: Re: Board of Directors’ resolutions to approve a joint venture investment and establishment of Subsidiary To: President The Stock Exchange of

-operating income and expenses 291 339 543 87% 60% 608 1,054 74% Shares of profit of associates and joint ventures 138 110 638 363% 482% 374 680 82% Income tax expenses (129) (284) (314) 143% 11% (205) (851

occurs: The Board of Directors’ Meeting of UAC Global Public Company Limited No. 3/2019 on April 1, 2019. The expected establishment of Joint Venture in form of limited company in Lao PRD will be within

-8.68% Gross Profit 396 533 -137 -25.72% Gross Profit Margin (%) 9.34% 11.24% -1.90% SG&A Expenses 310 300 10 3.48% EBIT before share of profit (loss) from Investment in Associates and Joint Venture 275