, costs of sales and services were accounted for 82.9 percent and 84.5 percent of total expenses respectively. Fuel Costs: fuel costs are variable based on number of block hours. For the six-month period

1 25 May 2020 Subject: Notification on Resolution of the Board of Directors’ Meeting No. 5/2020, Change of Directors and Directors’ Power, Entering into Connected Transaction, Entering into Transaction on Acquisition of Assets and Determination of the 2020 Annual General Meeting of Shareholders To: Director and Manager The Stock Exchange of Thailand Enclosure 1. Information Memorandum on the Acquisition of Assets (Schedule 1) and the Entry into Connected Transaction of Nation Broadcasting Corpor...

Dividends Received from Investments in Glow IPP Power Plant1. KEY HIGHLIGHTS  We witnessesd solid performance from both Utilities and Power Business  Utilities Business’s Operating Revenue was Baht 404.2

-One and Dividends Received from Investments in Glow IPP. 5 Revenue Levelization adjustments under TFRS 15 of GHECO-One 6 Normalized Profit attributable to Owners of the Parent excluded 1) Foreign

rental 30.00 99.80 ETG Energy Company Limited 12.50 99.99 10.00 70.00 ETE Management Company Limited Thai Speedy Management Company Limited Glow Trading and Service Company Limited Personnel outsourcing

Operation excludes Other Revenue from Utilities Business. 4 Other Incomes mainly consists of Interest Income from Loans to GHECO-One and Dividends Received from Investments in Glow IPP. 5 Revenue Levelization

baht  Trade and other receivables 358.15 million baht, decrease of 220.35 million baht, compare to year 2018, which had amount of 578.50 million baht Variable according to volume of income  Short term

 Trade and other receivables 358.15 million baht, decrease of 220.35 million baht, compare to year 2018, which had amount of 578.50 million baht Variable according to volume of income  Short term loans to

forecast some of the factors that contributed to our over performance in the first half to ease towards the end of the year we look forward to a strong H2. On the cost side we face some headwinds in variable

, and variable rental expenses, as well as the fixed rental expenses which were reclassified to Finance cost in accordance with the Financial Reporting Standard No.16: Leases. This resulted in the