2018 primarily due to the US-China trade war and global uncertainty contributed negative impact on export growth. The growth of credit card business in Thailand continue expansion due to overall economic

less than 50.17% over the transaction period. - 2 - Transaction size The calculation of the transaction value is based on the financial information set out in the consolidated financial statements of the

auditor, the results can be summarized as follows: The performance of the Company and the Company’s subsidiaries for the 3rd quarter of 2018, the consolidated financial statement showed a net profit of

for the three-month periods ended on September 30, 2018 and 2017 Unit: Million Baht Profit and Loss Statement Consolidated Financial Statement Comparison of Haft-Yearly Separate Financial statement In

for the three-month periods ended on September 30, 2019 and 2018 Unit: Million Baht Profit and Loss Statement Consolidated Financial Statement Comparison of Haft-Yearly Separate Financial statement In

Analysis for the year 2019 Thai Energy Storage Technology Public Company Limited (the “Company” or “3K-BAT”) hereby submits Pro forma consolidated financial information for the year 2019. Because the Company

profit and loss ended June 30th, 2020 and 2019 Unit: Million Baht Profit and Loss Statement Consolidated Financial Statement Comparison of Haft-Yearly Separate Financial statement Increase (Decrease

losses on inventories devaluation [NRV] THB 1,689 million] . And, due to the state of the price of crude oil declining significantly, the company recorded loss on impairments in assets under the

2019, the Company had earnings before interest, tax, depreciation and amortization (EBITDA) from operation and pursuant Consolidated Financial Statements in the amount of THB 239. 61 million decreased by

the consolidated financial statements of the Company and its subsidiaries for the first quarter ended 31st March 2020. The Company reported a consolidated loss (attributable to equity holders of the