hedged to r revenue growth Y  and  cost  for  vely flat EBITDA A margin stood  %  in  1Q17.  T caused  highe profit was Bt7,2 ofit margin was n 1Q17.  omer  demand  e Bt3,152mn  in cost related to f es

BGPSK, ABP5 and BPWHA1 after their commencement of commercial operation in 2016, partly offset by a decrease from interest expense caused by repayment of corporate loan of B.Grimm Power in the amount of

). However, the financial costs from these funding sources were very high. The Company had no ability to compete with the HRC import price from time to time. Moreover, lack of working capital caused the

period was over, provided that the action taken hereto shall base upon the commission of offences regarding deceitful, fraudulent or dishonest management of assets which has caused damage to either the

than 5 percent of its shareholders’ equity or litigation case which may have material effect to its business operation or which is not caused by the company’s ordinary course of business. 13. Asset

caused the on-ground marketing activities, media communications and promotions to delay in order to adopt more effective sales and marketing mix that is differentiate and able to be - Translation - Page 3

Company did not commit any fraudulent actions that caused damages to Midas. Therefore, there is no cause to responsible the damages. 4. Interest or connected transactions between the Company and directors

and cash equivalent were declined by THB 449 million caused by investment payment in GGC KTIS Bio Industrial Company Limited ( GKBI) , payable to contractor for methyl ester plant 2 and long-term loan

for 9M19 since it caused the drop in revenue with the cost of employees of Dusit Thani Hotel Bangkok. However, the Company sold the long-term investment and recorded the profit in 2Q19 as per Business

the decrease in business’s result for 9M19 since it caused the drop in revenue with the cost of employees of Dusit Thani Hotel Bangkok. However, the Company sold the long-term investment and recorded