were summarized as follows: 1. Revenue from sales of goods and rendering of services for the nine-month of 2020 was Baht 653.66 million, which increased by 105% compared to the same period of 2019. The

Heat and Power Producing Company Limited (CHPP), despite the increased in overall cost of goods and services. In order to acquire shares of Glow Energy Public Company Limited (“GLOW”), the company had

 In Q4/2017, the Company and its subsidiary recorded total sales of Baht 1,531 million, an increase of 2% YoY, following growth from domestic CMG launching new products as well as continue growth from

. PPA Amortization Accounting impact Net Income consolidated PAGE 9PAGE 9 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q3 2019 Operating Revenue Cost of Sales of Goods and Rendering of Services (Exclude

of goods and rendering of services of ISP1 significantly dropped. The gross profit of the company increased mainly due to: • Independent Power Producer (IPP) (Sriracha Power Plant): The gross profit

decreased by 4%. • Very Small Power Producer (VSPP) and other: The gross profit decreased by Baht 11 million mainly due to the increased in the cost of goods sold and rendering service from maintenance cost

% when compared to the same period last year. The company has been affected by competitors that have imported goods from abroad to sell at low prices. In addition, the company has bought a lot of products

slowdown in domestic consumption which reflected in sluggish spending in fast moving consumer goods (FMCG). Proportion of each market segment and growth is as shown in figure 2 (Source: Nielsen). Figure 2

policy to plan to supply new models to sell. Instead of older products that are not popular in the market Therefore, the revenue from sales and services of the Company in 2018 increased as follows: income

And the company has sold some products that have an allowance for value of Page 2 of 4 Ocean Commerce Public Company Limited 148/1 Soi Raminthra 14, Raminthra Road, Tharang Sub-district, Bang Khen