profit of 6.75 percent due to cost of raw materials of steel adjusted higher than selling price and electricity (more value) but on the other hand there are burdened cost of Power Plant in Buriram which

Baht According to the announcement of the Department of Energy Business regarding the characteristics and quality of diesel oil, BE 2562, dated 30 January 2019, determined by allowing certain types of

competition and a decrease in crude palm oil price regarding to supply glut. However, the company has been improving the inventory management to be more efficient since the second half of 2018, resulted to the

courses, uniforms and all security equipment for the hired employees. 3. Gross profit of Solar energy (“SE”) decreased Baht (1.12) million, which mainly comes from an incident of electrical short circuit

project volume resulting in a price competition and the cost of raw materials used in production is higher than the year 2018. 4. Cost from the water management business for quarter 1/2019 representing

the year. • There is no significantly changed in the cost of raw material. Unit : million baht Before After Q1/61 Q1/61 Net Revenue 206.12 206.12 Cost of Goods Sold 180.77 180.77 Gross profit 25.35

Sakhon 74110 Thailand. E-mail: ir@aienergy.co.th บริษัท เอไอ เอนเนอร์จี จ ำกดั (มหำชน) AI Energy Public Company Limited ทะเบียนเลขที ่ 0107556000311 AIE 117/2019 14 May 2019 Subject: Management’s

installed in Q2/2018 – Q1/2019. However, the main variable costs including raw materials and consumables used decreased from the previous year as the production slowed down. The only selling and

2018. The major increased item is raw material which is a result of the telecommunication business slowdown. Unit : Million Baht 30 Jun 2019 31 Dec 2018 % Change Cash and cash equivalents 12,179 15,608

company operation in Q2/2019 is loss about 160,000 Baht comparing with loss of 5.02 million baht in Q1/2019. This is because of higher revenue. • There is no substantial change in the raw material cost