Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 June 2023 of the Company and the subsidiaries (“the

the target. In this quarter, our impairment loss on loans and debt securities increased slightly from the prior quarter. At the same time, our robust capital position was sufficient to cushion against

Nido Petroleum Limited, BCP Energy International Pte. Ltd. and BCP Innovation Pte. Ltd., and share of profit from associated companies 6/ Others items and elimination For 2018 performance, Bangchak

increasing working capital of GJ Steel in order to increase sale and maintain continuous HRC production for local market (Separate: Baht 682 million and 790 million, respectively, decrease by Baht 108 million

Notification of project awarded letter no. CAZ 013-2562 on 18 July 2019). Since 2018, due to the construction projects in the Petrochemical and Energy Group are large projects which project valuation have

in the Petrochemical and Energy Group are large projects and project valuation have exceeding than Baht 10,000 Million. As a result, the construction segment services income of the Group are varieties

change in policy on procedure and the license approval process of the licensing agency, which is the Department of Energy, Ministry of Energy, the Philippines. It is still in the process of reviewing

subsidiaries, and share of profit from associated companies 5/ EBITDA from Natural Resources business of Nido Petroleum Limited, BCP Energy International Pte. Ltd. and BCP Innovation Pte. Ltd. As for the

will be used to fund the repurchase of the existing notes and to finance the Group’s general corporate purposes, including, but not limited to, working capital requirements, capital expenditures, funding

procedure and the license approval process of the licensing agency, which is the Department of Energy, Ministry of Energy, the Philippines. It is still in the process of reviewing additional documentation