, and the strong market competition had forced the company to offer alternative products with cheaper unit price for several major projects resulted in lower sale revenue from the projects, as a result

economy growth in 2019, the slowdown of Government’s energy Saving programs promoting the replacement of conventional lamps to LED and the delays of sales revenue recognition resulting from product

realized in following quarters. The decline of Wholesale/Retail Sale Activities to 169 million Baht was a result of the weakening purchasing power and the increasing market competition. The Export Sale

Ref. 0347/2018 Date August 14, 2018 Subject 20% Performance Growth in the second quarter of 2018 Attention: Directors and Managers The Stocks Exchange of Thailand QTC Energy Public Company Limited

sale amounting to Baht 32.02 million. 1.2 The company’s income from energy business in Q1/2018 was Baht 11.07 million, decreased from Q1/2017 the company’s income from energy business was Baht 63.48

. 68 million to Baht 1,580.25 million, which is increased by 11.94% due to additional revenue of engineering service in 2017 and revenue from solar energy began to recognize in 2017. Statement of

wait for clarity from the election. Resulting in investment from the private sector Government slowdown high competition Customers postpone the plan and delay investment. Resulting in the results of

power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited

power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited

power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited