obtained right to develop natural gas distribution and retail projects in six Hemaraj industrial estates, starting with the WHA Eastern Seaboard NGD 2 project, scheduled to operate by 3Q2018. PERFORMANCE BY

international power developers, namely the Glow Group, the Gulf Group, the B. Grimm Power Group, SUEZ, the Gunkul Group, and Mitsui and Tokyo Gas. In addition, WHAUP has also developed and operated its own

Discussion and Analysis, Q1/2020 Page 2/ 7 Jaymart Public Company Limited Consolidated FS Quarter 1/2019 Quarter 1/2020 Change MB. % MB. % MB. % Selling and distribution expenses 222.4 8.1% 201.1 7.5% -21.3

Financial Data 1. The issuer shall provide selected audited historical financial data regarding the issuer or, if the issuer is the holding corporation of a group, the group of which shall be presented for

& Trading Business Group 12 Marketing Business Group 13 Power Plant Business Group 16 Bio-Based Products Business Group 18 Natural Resources Business Group 20 Statement of Financial Position 22 Cash Flows

Operating Results 1. Organizational structure and operation of the group of companies 3 2. Risk management 12 3. Business sustainability development 13 4. Management discussion and analysis (MD&A) 17 5

Classification : ใชภ้ายใน (Internal) Table of Contents Page Part 1: Business Operation and Operating Results 1. Organizational structure and operation of the group of companies 3 2. Risk management 12 3. Business

subsidiaries (collectively, “GFPT Group”) for the year ended December 31, 2017 as well as included any significant transactions occurred during the year 2017. GFPT Group operates fully integrated poultry

the Group has been improved since under TFRS 9, reserve of loans and contingents where the credit risk has not increased significantly (Stage 1 Reserve) and reserve of loans and contingents where the

increasing distribution nergy throug sale perform uarter of 2017 collection an percent. Whi 853.4 million subsidiaries the subsidi financial insti 016 Ch MB 4.2 67.6 7.2 33.4 3.8 448.3 9.1 39.7 4.7 13.4 6.4