businesses increased qoq mainly due to the following: • Other costs increased due to recognition of cost of sales of goods and rendering of services from Global Renewable Power Co., Ltd (GRP) after an

comparing with Q1/2019, the net profit for the company increased by Baht 638 million or 68% as a result of the full quarter recognition of revenue, cost and profit from GLOW (Q1/2019 GLOW was acquired for

has amended the recognition of cost of food and beverages in 1Q19 in compliance with TFRS 15, consistent with the revenue from food center services. In 1Q19, CPN reported costs of food center services

sales of goods and rendering services in Q1/2019 was Baht 6,574 million which increased by Baht 2,479 million or 61% from Q1/2018. The addition was mainly due to the recognition of cost of sales of goods

-day recognition in Q1/2019 and full-quarter recognition in Q2/2019 and Q3/2019. However, cost of natural gas decreased by THB 439 million due to lower natural gas consumption of Sriracha Power Plant as

Solutions grew by THB 35.31 million or 13.43% from the recognition of license income and implementation fee from projects in Thailand and Malaysia, as well as, organic growth in recurring outsourcing income

1.60 Other Revenue 3.46 2.75 2.70 2.33 0.37 15.88 Total Revenue 198.09 182.62 174.40 171.32 3.08 1.80 Costs of Sales 138.50 130.45 130.80 126.04 4.76 3.78 Cost of distributions 20.55 14.79 16.57 12.85

project that launch in 2017, that they did not make recognition income in this period. Financial cost : The Company and subsidiaries had got the financial cost of the quarter 3/ 2017 amount 53 Million Baht

19.31 27.79 Total cost of sales and services 74.99 41.99 75.57 35.60 The gross margin increased from 35.60% to 41.99% is mainly due to the contribution from recognition of license fee from HR solutions

HR solutions. HR solutions grew by THB 26.27 million or 15.04% from the recognition of license income and implementation fee from projects in Thailand and Malaysia, as well as, moderate growth in