the same period a year earlier, on lower debt balance and increase in retained earnings. Table 2: Summary of Profit & Loss Statement 1Q 4Q 1Q YoY QoQ 2017 2017 2018 Revenue from rent and services 6,530

ratio stood at 0.07 times, a decrease from 0.28 times at the end of last year, on lower debt balance and increase in retained earnings. Dividend CPN has a dividend policy of no less than 40% of annual net

) change in accounting method for BGYSP earnings contribution from equity method to consolidation method after raising stake from 49% to 100% in Q3’2018 and 2) lower profits at our associate and our joint

net profits for the company and its subsidiaries was Baht 22.60 million or decreased by 14.70 million which was -39.4 percent, the results for the current three-month period was declined when comparing

budgeting control for ICUK’s operation and lower international football sponsorship fees, which compensating the higher financial expenses and corporate income tax expenses as mentioned above. Net profits

from overseas sales delivered lower gross profits margin i.e. down to 33.0% from 33.7% due to increasing production costs and change in some of our product recipe to the correspondent export market of

the parent) of Baht 258 million and earnings per share of Baht 0.13 for 1Q2018, an increase of 14% when compared to consolidated profits (attributable to equity holders of the parent) of Baht 226

(loss): A slump in shares of profits by 390% from the same period of the previous year was solely due to a negative performance of Advance Power Conversion Company (APCON) whose projects had been delayed

down from Q217 at 15% due to stronger THB/USD exchange rate [‐7%]. Page 1 of 3 Operating Profit Analysis Year‐on‐year operating profits were 4% lower at THB 517m in Q218 compared to THB 539m in Q217

operations include (i) natural gas price and coal price that continued to drop further from previous quarter resulting in lower costs of sales and increasing industrial customers sales margin in spite of the