increased by Baht . million or . per cent from the end of . Significant transactions consist of increase from increasing in share capital and the exercised warrants to purchase the Company common shares No.1

Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 September 2020 of the Company and the subsidiaries

) Administrative expenses The Company and its subsidiaries’ administrative expenses were Baht 101. 35 million, which increased from the same period of previous year by Baht 30.34 million or 42.72% due to an increase

period of last year was caused by the following reasons: (1) Total revenues were THB 687.01 million, an increase of THB 11.82 million or 1.75% derived from the main business of the Company and its

of 30 Sep 2020, the Company and its subsidiaries reported total assets at Baht 55,776 million, increase of Baht 9,818 million or 21.4% from those of 31 December 2019. Some changes in key assets are

As of 31 March 2021, the company had total assets worth Baht 61,981 million, 8.3% increase from those of 31 December 2020. Some changes in key assets are summarized below. Net trade and other

customers increase and expanding a financial product line. In addition, in the third quarter of 2019, the Company recorded the other incomes from gain on sales of written-off receivables at the amount of 248

, the Company had total assets of Baht 6,724.09 million Baht, at the amount of Baht 495.01 million or 7.95% increased from the same period of last year. 1. An increase in cash and cash equivalent at

, on account of electricity sales by subsidiary company. 3. In the second quarter of 2018, the company bore the Expenditure on Operation and Administration amounted Baht 45.04 Million an increase of

last year. Caused by the sale of long outstanding products. The company must bring the product (Rework) to get the product ready to sell. 3. The increase in selling and administrative expenses was 37.65