percent compared to the same period of last year. Increases in such expenses resulted the Company has set aside allowance for doubtful accounts. For debtors who have tracked debt and overdue debt. The

Incomes mainly consists of Interest Income from Loans to GHECO-One and Dividends Received from Investments in Glow IPP. 1Q2018 KEY HIGHLIGHTS  Utilities Business’s Operating Revenue was Baht 420.6 milion

accounts receivable, comparing to that of 2,880 million baht or 3.49% of total accounts receivable at the end of previous fiscal year. The percentage account receivable 3 month’s overdue or non-performing

will continue to pay the outstanding balance of all overdue trade to the WPS and WPS will pay the outstanding balance of all overdue to the seller and the subsidiary of the seller. According to the

other accounts receivable decreased THB 26.39 million or 1.45%. The balance of trade accounts receivable which was overdue by over 6 months was THB 478.46 million, it has been collected in total of THB

Income from Loans to GHECO-One and Dividends Received from Investments in Glow IPP. Revenue from Sales and Services In 2Q2018, Revenue from Sales and Services was Baht 423.5 million, a 4.4% increased from

and Analysis EXECUTIVE SUMMARY SIGNIFICANT EVENTS ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 Successful Glow SPP1

• Acquiring Glow Energy Public Company Limited or GLOW as a significant step of GPSC On 20th June 2018, GPSC had signed the share purchase agreement with Engie Global Developments B.V. to purchase 69.11% shares

-2018, it found that the increased rate of those was higher than the increased in revenue, due in Q4-2018, those had been recorded the additional allowance for doubtful account of overdue receivables and

can collect 97.2 baht, which another 2.8 baht shall be one overdue payment. 3. Revenue from write-off of NPLs (Write-back), is steadily increasing which JFintech developed a debt collection team and