the power plants machinery’s efficiency in the third quarter of 2023 lower than the second quarter of 2023. In addition, the Group had revenue from solar energy system installation service in the third

THB 2,500 mm by using WHAUP’s IPO proceeds. Moreover WHAUP has issued debenture, totaling of THB 4,000 mm, which has lower interest rate, to re-finance long-term loan as well. 3. Decrease in trade and

Company hereby clarifies the changes in the performance over 20% as follows: FINANCIAL PERFORMANCE Consolidated Financial Statements Q3 2016 Q3 2017 Increase/(Decrease) THB mm THB mm THB mm % Total Revenue

, and the consideration paid, the consideration paid is lower than fair value of net assets transferred. As a result, the Group has gain from business acquisition amounting to Baht 2.2 million, presented

(MPC), Bank of Thailand, had cut the policy rate 3 times, from 1.75% p.a. down to 1.00% p.a. in February 2020. This is the lowest record, lower than the rate during 2009 following the Hamburger crisis

from decrease in average natural gas price. However, cost of sales of biomass power plants increased according to the increase in electricity production unit as the lower shutdown hours to improve the

volumes were lower than last year quarter mainly due to the termination of tolling agreement with G Steel Public Company Limited in February 2019 resulting to significant decrease in sale volume and

Q1-2017 (THB 18,695/ton) due to the decrease in HRC market price worldwide and a stagnant of Thai economy in the first half of 2017 causes a lower demand of steel consumption. Management’s Discussion

debt to equity ratio stood at 0.34 times, a decrease from 0.93 times at the end of last year, on lower debt balance, higher cash and cash equivalents and current investments and an increase in

% from 2018, corresponding to the increase in sales. • However, gross profit margin in Q4/2019 dropped by 0.5% from Q4/2018 and by 2.1% from 2018. • The decrease in gross profit margin was mainly from the