construction of Municipality Solid Waste Power Plant, an indirect subsidiary entered into contract with Krabi Municipality to provide waste management services (converting solid waste into electrical energy for

Baht (7.18) million because we recognize revenue from construction engineering with lower gross profit margin than electrical and telecommunication engineering service. 2. Management Service (“MS”) had a

(decreased) 2018 2017 Amount % Total revenues 820.40 815.31 5.09 0.62 Total expenses and finance cost 799.70 782.71 16.99 2.17 Share of profit from investments in associated companies 84.23 10.55 73..68 698.45

Distribution of Newly Issued Shares and Share Warrants by Issuer

expenses 115.49 106.14 9.35 8.8% Total expenses 3,065.73 3,066.16 -0.43 0.0% Earning before interest and tax 253.50 341.41 -87.91 -25.8% Finance cost -5.55 -4.83 -0.72 14.9% Share of profit from investment

104.79 1.35 1.3% Total expenses 3,066.16 2,946.38 119.78 4.1% Earning before interest and tax 341.41 279.67 61.74 22.1% Finance cost -4.83 -8.02 3.19 -39.8% Share of profit from investment in associate

business including telecommunication system and construction and electrical system, supply and maintenance. Type 2016 2017 MB % MB % Sales Revenue Sales Revenue from Turnkey Business 259.36 45.52 545.12

Project had also signed EPC Contract, Electrical Connection Agreement, Operation and Maintenance Agreement and other related agreements. The details of the Financial Agreement are as follows: RATCH

://www.icns.co.th Sales Revenue Sales revenue in the first nine months of 2017 consists of turnkey business including telecommunication system and construction and electrical system, supply and maintenance. Type Jan

paid-up capital of GS) And HECH purchase 230,813 new ordinary shares with a par value of Baht 100.00 per share, at a price of Baht 649.88 per share, totaling Baht 150.00 million. Moreover, if GS can