by the General Mandate of All shares and approved the decreasing of registered capital from the existing registered capital of Baht 624,892,534 to Baht 374,938,533 The Company registered the decrease

languages, the Thai version shall prevail. The objective of this MD&A is to present the information and the explanation of financial status and operating results as of the date hereof. However, the

from Ua Withya Public Company Limited has repayment of guarantee of debenture which due January 2020  Decline in Trade and other Current Receivable – Other business of 70.78 Million Baht due to

consisting of current assets at 80.33%, Property, plant and equipment at 16.39% and other assets at 3.27% when compared to the year 2017, which was decreased by 15.34 million baht or 3.19%. The main changing

company -243.50 -59.81 -183.69 -307.12 Financial Position as at December 31 (Unit : Million Baht) 2018 2017 Inc./(Dec.) % Current Assets 423.04 305.00 118.04 38.70 Non-Current Assets 920.89 259.75 661.14

decreased the THB 620 million of debts in terms of financial institutions and debenture together with minimizing the impacts from full loan guarantee provided to Power Plant business and its high debt

capacity with existing high portions of Small Power Producer (SPP). GPSC will gain benefit in terms of synergy value, through reinforcing the business strength in terms of capacity growth as there will be an

Veranda Residence Pattaya and recognized as revenues in the current quarter has a total of 1 7 units compared to 44 units in last year. In addition, the company has revenue from the transferred of 1 unit in

register land, mortgage and construction for guarantee the loan as follows. Land of third Factory Total 9 title deed, total land area of 27 rai 3 ngan 72.8 square meters. 1. The title deed No. 5202, Land No

guarantee the loan as follows. Land of third Factory Total 9 title deed, total land area of 27 rai 3 ngan 72.8 square meters. 1. The title deed No. 5202, Land No. 9, Land liable No. 5136 III 7896-14 (1000