liabilities stood at THB 7,174.9mn • Debt to Equity ratio stood at 1.04 times as of 31 December 2019, decreased from 1.14 times as at end of 2018 Change in accounting policies and reclassification in 2019

sale and 2 projects as properties for rent. During the year 2019, the capital increase to 630 million Baht by increasing the share capital of 200 million Baht, and 50% paid-up amounting to 100 million

income from wholesale franchises increasing by THB 61.50 million YoY (+4.79%). Service revenue increased by THB 16.37 million YoY (+18.97%). The factors that contributed to the increase in revenue from

, oil price started tumbling, increasing marketing margin. Power plant business recorded a higher total electricity sales both from the solar power plants in Thailand and Japan. For projects in Thailand

result of repayment of long-term loans from financial institutions, and increase in liability under hire purchase agreement amount of Baht 3.41 million. 3. Shareholder equity as at June 30, 2017 amount of

Benefits to the Company:  Lessen effect on recognition impairment of investment and goodwill into the consolidated financial statements  the burden of Debt to Equity of the consolidated financial

hire purchase agreement amount of Baht 4.07 million. 3. Shareholder equity as at September 30, 2017 amount of Baht 648.33 million decrease from December 31, 2016 by Baht 30.08 or 4.43% , since the

under hire purchase agreement amount of Baht 3.72 million. 3. Shareholder equity as at, December 31, 2017 amount of Baht 668.28 million decrease from December 31, 2016 by Baht 10.13 or 1.49% , since the

appropriate machine management for broader service coverage in viable areas to accommodate increasing customer demand. 15 Electronic Banking Services Electronic Banking Services Number of Units Mar. 2019 Dec

% Core EPS after PERP Interest (THB) 0.85 0.67 1.31 (35)% 3.67 3.86 (5)% Core EBITDA/ton ($) 115 102 153 (25)% 119 132 (10)% Operating Cash Flow5 385 261 222 73% 1,172 855 37% Net Debt to Equity (times