1 No. ACE-ACC-2/2023 12 May 2023 Subject Management Discussion and Analysis for the period ended 31 March 2023 To President The Stock Exchange of Thailand Absolute Clean Energy Public Company Limited
Exchange of Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 31 March 2024 of the Company and the
completion of the increment to more than 2.50 percent from January 1, 2019 onwards. To satisfy the minimum levels and capital buffer requirements of the BOT, in 2018 the Bank was required to maintain the
FINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION 3 * primarily include the construction revenue recognizes based on the percentage of completion of hydro power projects in Lao
equivalent to approximately Baht 3,522.00 million. Prior to the completion of the Company’s investment, SGAH is required to complete an internal group restructuring. After such restructuring, SGAH Group will
amount of up to USD 100.00 million or equivalent to approximately Baht 3,522.00 million. Prior to the completion of the Company’s investment, SGAH is required to complete an internal group restructuring
92 67 70 38% 31% Fibers 152 151 139 1% 10% Feedstock 128 122 88 5% 46% 5 Successful completion in 2017 of several operational excellence projects, tire-cord acquisitions and com- mitted expansion plans
impact. The US gas cracker, which will provide ethylene feedstock to EO-EG plant, has achieved mechanical completion on 02 May 2019. As mentioned earlier, the EO-EG plant also restarted on 2 May 2019 and
EO-EG plant shutdown impact. The US gas cracker, which will provide ethylene feedstock to EO-EG plant, has achieved mechanical completion on 02 May 2019. As mentioned earlier, the EO-EG plant also