, the Company plans to enhance its financing cost performance through not only improving the average cost of debt to be in-line with the downward trending interest rate, but also reduce some of its

established limit. However, the execution results of bond switching did not significantly impact government bond yields which had been moving on a downward trend in this quarter. To cope with domestic and

-China trade negotiations and Brexit risks. The World Economic Outlook of the International Monetary Fund revised downward its global economic growth projection for 2019, to 3.3 percent from the previous

Rayong Central Utility Plants (CUP) as well as the downward trend of average steam selling price of CUP and IRPC Clean Power (IRPC-CP). • Very Small Power Producer (VSPP) and other: The gross profit

and sustainability. • Natural gas prices continuously decreased in the second half of 2019 and has a slight downward trend in 2020. However, variou s situations remain uncertain, making it challenging

total voting rights, regardless of direct shareholding or through the form of downward shareholding chain of which each level is other juristic person similar to the one stated in (3) and its shares are

, its growth projection for 2019 was revised downward to 3.5 percent, in line with slowing global trade volume and the risk of the UK leaving the EU without formal agreements. Meanwhile, developed and