Organizational Structure, Operating System and Operational Control Clause 2 In undertaking the derivatives business, a derivatives dealer shall set up organizational structure, operating systems and operational

Management Discussion and Analysis for Interim Business Operations Financial Performance for the year ended December 31 , 2018 (Unit : M ill ion Baht) 2018 2017 Inc./(Dec.) % Construction income

rendering of related services to the group customer, with 17 operating solar power projects in Thailand, and (2) revenue from the sale of electricity from its own solar power project operated by its direct

seasonal billings for year end. Cash surplus increased by 22.73mb or 20.4% due to our cash flow generated from operations and good working capital management. (b) Total Liabilities Total liability as of

. Cash surplus increased by 11.39mb or 10.2% due to our cash flow generated from operations and good working capital management. (b) Total Liabilities Total liability as of June 30, 2019 was 121.34mb

for the increase is due to higher trade receivables and cash on hand. Cash surplus increased by 11.39mb or 10.2% due to our cash flow generated from operations and good working capital management. (b

- Translation - Management Discussion and Analysis for Interim Business Operations Financial Performance for the period ended M arch 31 , 2018 (Unit : M ill ion Baht) 2018 2017 Inc. / (Dec

Discussion and Analysis For the Quarter Ended March 31, 2018 Operating Performance Revenues Revenue Structure by Business Operations Type of Revenue Consolidated Financial Statements For the quarter ended

operations. - Sales income SAAM Group’s income from sale of electricity is generated from a 2.0 MW solar power project in Thailand which is operated by SAAM-SP1. In Quarter 1 of 2020, electricity sales are THB

reason for the increase is due from right to use assets according to TFRS16 from office lease agreement. Cash surplus increased by 55.47mb or 34.8% due to cash flow generated from operations and good