accomplishment of cost management policy, 2 | MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR 2020 • Gross margin: UWC has recorded gross margin since Q1-2020 due to accomplishment of cost management policy
until the accomplishment of the full installed capacity as planned of which it is scheduled to be completed by the end of 2024. However, the Joint Venture is under the further negotiation with the joint
by 36.1 percent form Q4-2016 because the project has already been delivered and recognized the accomplishment of the project completed rather than those in Q4-2016, due in 2017 the government has
transmission and telecommunication tower ratio in Q1-2020 decreased by 43.59% QoQ resulting from accomplishment of cost management policy, • Cost to revenue from sale of electricity ratio in Q1-2020 dropped by
resolution of the Board of Directors’ Meeting of NEP Realty and Industrial Public Company Limited (the “Company”) No. 8/2019 held on 12 September 2019 approved the Company to sell machines to Pae Pack Company
of NEP Realty and Industrial Public Company Limited (the “Company”) No. 8/2019 held on 12 September 2019 approved the Company to sell machines to Pae Pack Company Limited (the”Pae Pack”) which director
transmission and telecommunication tower ratio in Q1-2020 decreased by 43.59% QoQ resulting from accomplishment of cost management policy, Cost to revenue from sale of electricity ratio in Q1-2020 dropped by
out to third party, making the revenue incomplete for 6 month. 1.5) Revenue from renting realty decrease THB 14.74 million due to the subsidiary bring back the Banqueting and Restaurant business to
Ref: NEP065-2018 May 9, 2018 Subject: The Entry into the Connected Transaction To: President The Stock Exchange of Thailand NEP Realty and Industry Public Company Limited (“the Company”) would like