electric equipment, and construction of electrical substation. The Company also has 2 subsidiaries engaging in related businesses, which are (1) IGEN Powertech Company Limited (“IGP”), which 51% shares owned

decrease was derived from engineering service, solar energy, and Trading business. • Overall gross profit margin decreased from 13.3% to 9.1% amount Baht (24.09) million. 2019 2018 Revenue 383.44 443.08

. Engineering service (“EN”) had an increase in gross profit for Baht 20 million because of no revision of estimated project cost of construction and electrical engineering. 2. Management Service (“MS”) had a

courses, uniforms and all security equipment for the hired employees. 3. Gross profit of Solar energy (“SE”) decreased Baht (1.12) million, which mainly comes from an incident of electrical short circuit

service of electricity engineering. • Property, plant and equipment has increased Baht 30.22 million, as a result of assets for solar energy. • Restricted cash decreased by Baht 6 5 . 2 4 million because

2.13 (0.24) -11% Administrative expenses 60.69 52.29 8.40 16% Earnings before interest and tax 66.02 59.91 Finance costs - Main businesses 9.87 15.30 (5.42) -35% Finance costs - Solar energy 18.05 16.76

million and keep gross profit margin at the same level. 3. Solar energy (“SE”) had gross profit and gross profit margin at the same level. 4. Trading business (“TD had an increase in gross profit for Baht 6

Baht 83 million or (22%) from Baht 383 million in Q3/2018 to Baht 466 million in Q3/2019. The increase was derived from all business units: engineering service, management service, solar energy, and

as follows; Quantity (Projects) Amount (Million Baht) Electrical Power System 73 2,208.84 Telecommunication & Signaling 3 82.58 Renewable Energy Project 2 121.35 Total 78 2,412.77 Consolidated

period of asset acquisition is already past 12 months, and IGEN and IGEN-ENERGY have totally different nature of businesses. IGEN is in electrical business, but IGEN-ENERY is in Solar cell business