Discussion and Analysis ABBREVIATION COD Commercial Operation Date EBITDA Earnings before Interest, Taxes, Depreciation and Amortization EDL Electricite Du Laos EGAT Electricity Generating Authority of
Analysis ABBREVIATION COD Commercial Operation Date EBITDA Earnings before Interest, Taxes, Depreciation and Amortization EDL Electricite Du Laos EGAT Electricity Generating Authority of Thailand ERC Energy
GLOW under the aforementioned Clauses (1) and (2); (b) The Company is granted approval by the relevant regulatory authority with respect to the acquisition of the GLOW shares under the aforementioned
development; adding the competent personnel; establishment of a new subsidiary; building business partnerships and establishing joint ventures in the Philippines, Indonesia, and Thailand; and the latest, an
positively. On the variable cost side, apart from normal inflation, as highlighted since Q2 fuel prices have increased versus the same period in 2017. The latest fuel shipment in December was more economical
operation in 4Q/2020 or 1Q/2021 at the latest. 3 Selling, general and administrative (SG&A) expenses Total selling and administrative expenses were THB 2,753 million, a decrease of THB 540 million or 16.4
calculating the transaction value, the Company used the figures based on the latest audited Consolidated Financial Statement ending 31 March 2017. 2. The total value of the dispose of assets is the Selling
efficiency and save costs; 2) Investing in the latest production facilities and machinery to increase annual production capacity from 300 to 330 million liters per annum; 3) Improving the Back Office by