885.7 million baht for the nine- month period of 2018. After deducting tax, net profit would be 676.9 million baht which was attributable to equity holders of the Company at the amount of 663.8 million

to continuous increase in Equity MW from Small Power Producer (SPP) capacity expansion serving increase in demand of Industrial customers of approximately 5%. The main distributions were from GNLL

foreign exchange rate) 1) Current Ratio (Times) 2.47 2.42 2) Profit to Total Revenue (excluded fuel costs) (%) 36.65 40.85 3) Return on Equity (%) 9.00 9.81 4) Return on Assets (%) 5.80 6.26 5) EBITDA

of foreign exchange rate of the Company and subsidiaries) 2020 2019 1) Current Ratio (Times) 2.21 2.36 2) Profit to Total Revenue (excluded fuel costs) (%) 44.02 42.12 3) Return on Equity ** (%) 10.66

% 30.1 25.1% Net Profit attributed to Equity Shareholders 118.3 4.3% 104.8 3.9% -13.5 -11.4% Revenues Analysis The Company’s total revenue for the first quarter of 2020 was 2,664.4 million Baht which was a

) (121.4) (106.7) (12.1%) 11.1% (187.1) (228.1) 21.9% Finance costs (29.1) (43.6) (49.6) 13.8% 70.4% (63.6) (93.1) 46.4% Profit before income tax 433.9 287.0 342.5 19.3% (21.1%) 778.8 629.5 (19.2%) Tax

58.0% Profit before expenses 452.0 498.8 502.1 319.4 (182.7) (36.4%) 1,944.4 1,772.3 (172.1) (8.9%) Administrative expenses (121.4) (106.7) (106.9) (109.8) 2.9 2.7% (438.1) (444.8) 6.7 1.5% Finance costs

form of (i) Revenue, (ii) Share of Profit, and (iii) Dividend Income. Share of Profit is a net profit in proportion of our equity stake (%). Such Share of Profit is net of all relevant costs in the

) Revenue, (ii) Share of Profit, and (iii) Dividend Income. Share of Profit is a net profit in proportion of our equity stake (%). Such Share of Profit is net of all relevant costs in the Associates or Joint

. Share of Profit is a net profit in proportion of our equity stake (%). Such Share of Profit is net of all relevant costs in the Associates or Joint Ventures. Projects under Construction Utilities  WHA