profit (loss) for the period 510.8 719.3 (208.5) (29.0) Plus: Finance Cost 451.9 471.2 (19.3) (4.1) Income tax expenses 104.9 180.3 (75.4) (41.8) Less: Interest received 22.1 27.2 (5.1) (18.7) Gain on

finance departments. - 4 - The Corporate Group’s total expenses in the 2nd Quarter 2019 increased from the same period of previous year by 15.10 percent, consisting of: Selling expenses were Baht 31.60

position of manager or equivalent in accounting or finance departments. The Corporate Group’s total expenses in the 3rd Quarter 2019 increased from the same period of previous year by 10.45 percent

% 275.3 263.4 4.5% EBITDA 489.0 496.1 585.4 (1.4%) (16.5%) 1,074.5 1,137.5 (5.5%) EBITDA Margin 55.6% 56.3% 61.6% 58.7% 60.7% Finance cost (38.6) (42.1) (39.1) (8.3%) (1.3%) (77.7) (62.1) 25.1% Income tax

commenced after all conditions are completed. For more detail, see “Resolutions of the Board of Directors Meeting Regarding Connected Transaction on the Offer to Tender the Entire Ordinary Shares of CSL

second quarter of the year 2019, the Company sold some TTW’s shares. As a result, the interest in the equity of TTW decreased to 18.47 percent. Following this sale, the Company reclassified the investment

) Finance Costs The Company had finance costs for year 2019 in amount of 5.0 million Baht compared with same period last year 8.7 million Baht, decreased 3.7 million Baht or 42.5%. Since the company paid all

on Trade Finance The assets and liabilities as shown on the balance sheet are consisted of cash, transaction equivalent to cash, invesment, trade accounts receivable and payable, other trade accounts

65 50 -23.1% 82 50 -39.0% Gain (Loss) on exchange rate -13 -93 615.4% -11 -93 745.5% B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis FINANCE COST AND TAX ABBREVIATION & OUR

Discussion and Analysis FINANCE COST AND TAX ABBREVIATION & OUR PROJECTSEXECUTIVE SUMMARY FINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION FINANCIAL PERFORMANCE 8 Finance Cost