revenue decreased by 5.3% from 3Q17 due to a decrease in revenue from Education Business and revenue recognition from leased right assignment in the same period last year. Earnings before Interest, Taxes

last year amount of 37.34 million Baht or decreased 55.06%. In 2019 the Company has received the doubtful debt 2.79 million Baht, decreased from the same period of last year amount of 30.17 million Baht

percent, a gross profit of 662.93 million baht (1Q2019: 634.56 million baht), an increase of 28.37 million baht or 4.47 percent. Profit before finance costs, tax expense, depreciation and amortization was

% Normalized Rental Revenue/1 218.0 285.9 303.1 39.0% 6.0% 443.3 589.0 32.9% Gross Profit 127.5 198.4 207.8 63.0% 4.8% 277.2 406.2 46.5% Gross Profit Margin 58.5% 69.4% 68.6% 56.1% 69.0% GPM before adjustment

1,821 2,480 -26.6 4,316 4,931 -12.5 Selling and administrative expenses 341 330 3.3 646 645 0.2 Total expenses 2,162 2,810 -23.1 4,962 5,576 -11.0 Profit before finance cost and tax expenses 671 4,732

Operation Date EBITDA Earnings before Interest, Tax, Depreciation and Amortization FX Foreign Exchange Rate IPP Independent Power Producer PPA Power Purchase Agreement SPP Small Power Producer Projects

analysis, our cash flow is expected to remain strong with no impact on debt repayment and CAPEX plan. Furthermore, the company is receiving additional working capital facilities by approximately THB 4

99.99 percent of the total shares in Lopburi Solar Company Limited (“LS”) and Prachin Solar Company Limited (“PS”). Details of the shareholding structure of the Company before the disposal of RPV shares

certain conditions precedents before enter the Transaction in regards of risk managements in conflict of interests, and the key terms are as follows: Condition Precedents 1) Undertaking that after the

having the rights to receive debt repayment from the issuer before common shareholders but after debenture holders; (b) perpetual bonds; (c) non-investment grade or unrated bonds; 5 Amended by the