Discussion and Analysis 1. Significant events in the first Quarter of 2020 1.1. The progress in construction projects - Gangdong Fuel Cell Project (Gangdong), a project of Paju Energy Services Co.,Ltd. (Paju
Operating Results and Profitability (2.1) Revenues from Sales and Services Description Year 2019 Year 2018 Increase / (Decrease) Million Baht % of Total Revenue Million Baht % of Total Revenue Million Baht
Page 2 Management Discussion and Analysis 1. Significant events in the second Quarter of 2018 The progress in construction projects - Xayaburi Project, a project of the Xayaburi Power Company Limited
2020, the company had construction and service revenue of 466.47 THB mn, a decrease from the same period of year 2019 by 261.22 THB mn or equivalent to a decrese of 35.90 percent from the previous year
payments for constructions and purchase of fixed assets decrease by Baht 99.7 million from Krabi Solid Waste Power Plant, which progress is done in December 2020. Rights to service under concession
was THB 122 million, a slight decrease from THB 124 million in 1Q17 due to the reasons mentioned above. Unit: THB mn 1Q18 1Q17 Change Amount % Hotel Business 1,364 1,324 40 3.0 Education Business 122
, showing a decrease of Baht 7.15 million or 6.59% from 2018. The decreasing amount was because of loss in impairment of the subsidiary’s assets in 2018, At the present, the investment in the said subsidiary
) Total revenue decreased from 552.92 THB mm for the three-month period ended 30 June 2018 to 407.24 THB mm 2019 or representing a decreased rate of 26.34% , mainly due to the decrease in revenue from
representing a decrease rate of 36.9%, a result of the global outbreak of the COVID – 19 In addition, Revenue from management service also decreased at the rate of 26.1%. • Revenue from sales of food and
measurement in several countries resulting a significant decrease across economic activities which expected a deep economic deceleration throughout the year. During the last period shrinking economy impacted