WHAUP. Alternative Energy Currently, WHAUP has 2.6 Equity MW of solar rooftop power under operation and generated Baht 1.5 million of Share of Profit to WHAUP Projects under Construction and Development
plant business realizing profit from the sales of their solar power plants assets into infrastructure fund. The performance for each business group are as follow: The Refinery and Trading Business Group
quarter of 2017, Padaeng Industry Public Company Limited announces a consolidated net profit of 210.75MB, compared to a net profit of 100.60MB for the same quarter of previous year. For the first half of
of solar rooftop power under operation and generated Baht 1.7 million of Share of Profit to WHAUP in 2Q2018, a 23.5% decrease from Baht 2.2 million in 2Q2017. WHAUP is a strategic co-developer of power
Disposal”). By calculating on a Net Operating Profit basis after tax deduction, the highest transaction size is 33.63 percent of the Value of the Net Profit of the Company according to the consolidated
Year Ended December 31, 2017 Page 1 (Translation) 1. Significant events of the year 2017 1.1 The Progress of Projects 1.1.1 Collinsville Solar Power Project in Australia ("The Project") On May 5, 2017
) (874.7) (920.4) 5.2% 15.6% (1,585.0) (1,795.1) 13.3% Cost of construction under a concession arrangement (398.1) - - - N.A. (
outlets such as decreasing personnel expenses with increasing productivity, installation of solar rooftop. 4. Net profit (loss) and net profit (loss) margin For Q120 net profits was Baht 7.37 million which
of Japan during Septermber 2018. For the 5 remaining solar power plant projects (Total PPA of 14.7 MW), the electricity sales was at similar levels to Q1/2018. 3. Realized share of profit from
@egco.com Page 2 Management Discussion and Analysis 1. Significant events in the Third Quarter of 2020 1.1 The progress in construction projects 1.1.1 Project completion - Gangdong Fuel Cell Project (Gangdong