due to the growth of loan portfolio specially the credit card business. Moreover, the operating cost has been managed with higher efficiency. 5 2. Financial Status Statement of Financial Position 28

as the biomass power plants had shutdown hours to improve the power plants machinery’s efficiency in the first quarter of 2023 less than the first quarter of 2022. Sales of natural gas power plant

construction on January 31, 2018 Contract Type Contract Party Employer Contract Date Contract Period Scope of Work 1. Contract for sand digging BangKhlee Civil Limited Partnership GS May 21, 2014 3 years 6

sand digging BangKhlee Civil Limited Partnership GS May 21, 2014 3 years 6 months (GS will extend the contract for 4 more years) Supply equipment and staff to dig sand at the designated area, using it as

Work 1. Contract for sand digging BangKhlee Civil Limited Partnership GS May 21, 2014 3 years 6 months (GS will extend the contract for 4 more years) Supply equipment and staff to dig sand at the

Millcon Steel Co., Ltd. changed the AC and DC motors instead of the existing motors to increase the efficiency. 20 3 Kobelco Millcon Steel Co., Ltd. has improved the machinery with new electric wiring in

on equity of the Company and its subsidiaries was 8. 37% decreased from 14. 55% in 2017; resulting from lower efficiency in profit generation; whilst, slightly lower asset utilization and slightly

% Efficiency ratio 31-Dec-18 31-Dec-17 Return on equity 5.9% 5.7% Return on asset 4.6% 4.9% Liquidity ratio 31-Dec-18 31-Dec-17 Current ratio (time) 1.35 1.26 Leverage ratio 31-Dec-18 31-Dec-17 Interest bearing

Company and its subsidiaries was 9.08% slightly increased from 8.37% in 2018; resulting from higher efficiency in profit generation; whilst, slightly lower asset utilization and slightly lower risk from

energy efficiency, the result of which is the reduction in same store utility costs by around 3.2% YoY. To maintain an optimum level of cost-to-revenue ratio, CPN continues to explore further efficiency