Mn THB Mn % THB Mn THB Mn THB Mn % Sales of electricity - FiT, base tariff and Ft 806.7 821.3 774.5 848.4 73.9 9.5% 3,146.3 3,250.9 104.6 3.3% FiT Premium 19.6 19.1 15.0 15.2 0.2 1.3% 90.7 68.9 (21.8

E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro...

. Power Plant Business Group recorded a superior electricity sales (+3% QoQ and 4% YoY), from the commercial operation commencement of Nagi and Gotemba solar power plant in Japan. For Solar power plant

cost rose near the end of the year causing inconsistency between the retail price at service stations and rising finished product costs. Power Plant Business Group recorded increase in electricity sales

devaluation [NRV]] which affected overall performance. Power Plant Business recorded increase in total electricity sales 48% YoY due to investments into the hydro power plant in Laos PDR the “Nam San 3A

company with the aim to engage in the business of waste treatment and disposal in landfills, as well as the generation and distribution of electricity. UWM currently holds ordinary shares of ART and AWM

electricity sales compared to the previous quarter, mainly attributed to electricity sales of the solar power plant projects in Japan, due to seasonal factors of which Q2 of ever year is a period of clear skies

contracting aggregate economy. Thus, the number of service stations as of the end of Q2/2020 was 1,212 locations. Power Plant Business recorded increase in total electricity sales 34% QoQ, mainly from

Japan. Electricity sales in this quarter was 82.48 million kWh (+21% YoY, +14% QoQ). In Thailand, electricity sales increased from the commencement of the Solar Co-op projects, while average irradiated

2018 as the raising in raw water sales volume while costs of sales and services totally 2,003.08 million Baht, increased by 357.38 million Baht or 21.72% because of increasing of electricity cost. Net