fluctuation in its earnings, invests in an infrastructure business that uses technology that is new and is not yet widely used or an infrastructure business that recently started operating, or significantly

Chiyachantana Financial Summary Western U Company Limited Virtual Financial Statement As at 31 May 2017 Unit : Baht 2017 2016 2013 (The company started its education business) Total assets 372,529,473.72

started contributing in 4Q18. These additional volumes led to core EBITDA of $16 million (+54% YoY; +27% QoQ). Core EBITDA margin in 1Q19 was 19% (21% 1Q18; 17% 4Q18), slightly lower on YoY basis from

Egypt, which started contributing in 4Q18. These additional volumes led to core EBITDA of $16 million (+54% YoY; +27% QoQ). Core EBITDA margin in 1Q19 was 19% (21% 1Q18; 17% 4Q18), slightly lower on YoY

to the increase in gross profit of Baht 407 million or 34% as summarized below: • IRPC-CP Phase 2 and ISP1 started commercial operation in Q4/2017. • The extraordinary expenses of Baht 101 million was

develop and is in operation located in Amata City Industrial Estate, which started COD on February 1, 2018, ABPR4 that started COD on June 1, 2018 which located in Amata City Industrial Estate and an

for the various projects underway which are not yet completed and have not yet started contributing to the earnings. Notes We recommend that investors always read the MD&A together with the published

economics as demand and supply get balanced.  Unfortunately we recently had a lightening strike in recently started Lake Charles ,which might take few months to recover, damage assessment is being done

, however, the subsidiaries have not yet started their operations. (8) Share of profit (loss) from investment in associated company and joint ventures In 2017 , the Company recognized the loss sharing from

-y) and 24.3% from the previous quarter (q-on-q), mainly from to 1) full contributions from the smooth operations of DT1&2, Phu Yen and Nam Che 1 which started commercial operation in June 2019, 2) 2.1