Commission and SET 7 2.2 Assets acquisition for Carnival Magic Project Carnival Magic Project is managed by Carnival Magic Company Limited, a subsidiary of Phuket Fantasea Public Company Limited (99.92% of its

: AIS continued to deliver decent profitability with an EBITDA margin of 50.4% from well-managed cost amid pandemic while net profit margin stood at 15%, significantly above industry average. ROE declined

earnings. Financial ratios Profitability: AIS continued to deliver profitability with an EBITDA margin of 48.4% from well-managed cost amid a rising cost environment and pressure from price competition while

Solar PV Pty Ltd, an indirect subsidiary that is wholly owned by RATCH-Australia Corporation Pty Ltd has commenced commercial operations and recognition of benefit as per the Power Purchase Agreement. 70

borrowings as a result of additional investments in machinery and investments in an overseas joint venture; and 9) loss recognition of Baht 10 million from MMBC, the Company’s joint venture in the Philippines

international standards. Sustainability Disclosure Recognition The company received the Sustainability Disclosure Recognition 2020. Held by Thaipat Institute, this prestigious certificate is presented to the

PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION 3 * primarily include the construction revenue recognition based on percentage of completion of Nam Che 1 in Lao PDR according to TFRIC 12

recognition from associated company was Baht 17.16 million and a corporate income tax expenses for 2017 was Baht 2.44 million. 2. Financial Analysis (Unit: Thousand Baht) Items 30 December 2017 31 December 2016

services business, Wuttisak Clinic Intergroup Co., Ltd. This is because the changing business model from company owned to franchise model, affecting to the revenue recognition. According to IFRS No. 5, the

business, Wuttisak Clinic Intergroup Co., Ltd. This is because the changing business model from company owned to franchise model, affecting to the revenue recognition. According to IFRS No. 5, the company