to stakeholders. Significant Events in Q4/2018 5 Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q4/2018 and FY2018 Significant Events in Q3/2018 6 Q1/2019 Outlook and Business

the previous quarterly To: The President The Stock Exchange of Thailand Thailand's economic outlook for the year 2018 is likely to be bright. After seeing a clear recovery in the last quarter of last

previous year To: The President The Stock Exchange of Thailand Thailand's economic outlook for the year 2018 is likely to be bright. After seeing a clear recovery in the last quarter of last year, private

  MANAGEMENT OUTLOOK

times in 2020 and 0.16 times in 2019, Which shows the company's liquidity outlook improved due to the fact that inventories are classified as current assets with very little liquidity. Therefore

MAR 2020 Efficiency Ratios Leverage Ratios MANAGEMENT OUTLOOK

OUTLOOK

Secretary-General, said ?With the current economic and social conditions and the outlook, in particular aging society, everyone needs to understand and realize importance of saving and investment to ensure

THB Mn THB Mn %QoQ %YoY THB Mn THB Mn %YoY Finance costs 36.1 29.1 32.6 12.0% (9.7%) 105.9 96.2 (9.2%) ChangeChange Finance costs comprise of interest expense from loans for the new investment projects

% 10.2% 12.2% % NNP - Owner of the parent 59.1% 63.1% 61.7% 64.2% Remark: * Normalized net profit = Net profit – Unrealized gain / (loss) from FX – Non-recurring income / (expense) B.GRIMM POWER PUBLIC