company has assessed the initial synergy between GPSC and GLOW that would occur during the year 2019-2024 and is expected that the EBITDA will contribute to the total amount of Baht 1,600 million by 2024

management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s management recognized revenue from construction under a concession arrangement in

shall transfer building, machine and equipment to Krabi Municipality without any charges when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service

without any charges when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s management recognized

revenue from construction. As specified in the contract, the subsidiary shall transfer assets when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service

success of the business depends on the number of customers. The potential of the business is thus difficult to be assessed than projects which have operated or provided services for a while. 10 Table of

& Chemicals Co., Ltd. (UAPC) General information on UAPC Type of business Production and distribution of chemicals, mainly latex (polymer emulsions and polymer solutions) Address Headquarters : 9/81 Soi

611.1 590.7 2,888.2% Gross Profit Margin 15.5% 42.2% GPM before adjustment with PPA 15.5% 57.3% 1. Rental and Service Income  Rental and service income from warehouses, distribution centers and factories

has cost competitiveness and will enhance the Company’s production base for emerging markets in Southeast Asia, while LQSF’s wide-coverage distribution that reaches almost all regions of Vietnam will

, buildings and distribution center of PTT Group companies. Financial position: As of 31 December 2018, the company and its subsidiaries' total assets increased by Baht 4,471 million or 7% from 31 December 2017