111.5 million Baht which was higher than the same period last year 426.0% due to the reduction of rental cost from the adoption of TFRS16. The Company recorded a gain in from fair vale adjustment for

, and environment. The Q3 /2020 is the period that the Company has boost the productivity since the Company can utilize new warehouse space after raising fund from initial public offering. Additionally

President The Stock Exchange of Thailand Takuni Group Public Company Limited (“The Company”) and its subsidiaries (“The Group”) would like to clarify the change in operating result for the period ended 31

%) Adjusted Net Profit (loss) for the period (148.9) (8.5%) (945.7) (82.1%) (796.8) (535.0%) 1 Non-recurring items is defined as gain on disposal of share of JV company transaction and disposal of sublease 2

: The President The Stock Exchange of Thailand Takuni Group Public Company Limited (“The Company”) and its subsidiaries (“The Group”) would like to clarify the change in operating result for the period

1 | MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR 2020 Management Discussion and Analysis for the Year 2020 1 March 2021 In the 3-month period of Q4-2020, UWC reported gross margin of THB 28.04

-term loan agreements and dividend payment during the period. Performance of the company’s operating power plants in Q3/2017 compared to Q2/2017 (QoQ): • Sriracha Power Plant: Total revenue in Q3/2017

(MB) For the three-month period 2018 2017 YoY % Q4/2018 Q4/2017 YoY % Total Sales and Services revenue 1,050.08 1,039.90 10.18 0.98% 4,220.99 4,308.04 (87.05) (2.02%) Raw water revenue 588.09 566.33

period of last year which the net profit was Baht 155.82 million. Net profit decreased for nine months since the project in the previous year has ended and the average selling price has decreased according

quarter of 2019, the Company had the net profit of THB 1,051.9 and 1,458.5 mm, which increased by 748.9 and THB 375.6 mm or 247.1% and 34.7%,respectively, compared to the same period of the last year. KEY