lower rate than the decreased in revenue. This is because in Q2-2021, the allowance for expected credit losses was reversed and those are also better able to cover fixed cost due to higher revenue in Q2

, because the new businesses can generate revenue cover the fixed costs in , especially the projects from new business that can generate good returns and tend to increase continuously. As a result in the

Company’s bidding with government agencies as there will be requirements on specific objectives and the Company’s scope of work acceptance to increase revenue generating channels for the Company. The details

will be requirements on specific objectives and the Company’s scope of work acceptance to increase revenue generating channels for the Company. The details of additional proposed nine objectives are as

increase in volume and cost of na tural gas, long term maintenance cost following contracts, and the increased in fixed personnel costs. Revenue Revenue from Small Power Producer (SPP) in Q3/2019 is Baht

1 / year 2018 Change Million Baht % Million Baht % Million Baht % Sales revenue - net 108.37 92.86% 107.94 93.48% (0.42) -0.39 % Revenue from contract works 7.14 6.12% 6.40 5.54% (0.75) -10.48

22.68% of the same period of previous year). The profit margin increased from the same period of previous year mainly because the significant growth in revenue. Due to large portion of fixed costs, the

Microsoft Word - MDA Q319 EN.docx November 11, 2019 To President The Stock Exchange of Thailand Subject Notification on the difference of revenue from sales and net profit YOY by more than 20 percent

from the fixed cost control at the factory. Distribution Costs The company has the distribution costs in the second quarter in the amount of 197.2 million Baht or equal to 15.1 percent of revenue from

(%) Revenue from Sales and Service 726.29 831.63 -105.34 -12.67% Total Revenue 729.12 840.17 -111.05 -13.22% Net Profit for the Period 58.12 167.41 -109.29 -65.28% Net Profit for Shareholders of the Company