Discussion and Analysis 1. Significant events in the first Quarter of 2020 1.1. The progress in construction projects - Gangdong Fuel Cell Project (Gangdong), a project of Paju Energy Services Co.,Ltd. (Paju
Energy Services Co.,Ltd. (Paju ES) (EGCO holds a 49.00% ownership interest), located in Gangdong-gu, Seoul, South Korea with a capacity of 19.80 MW. Gangdong will sell electricity to Korea Electric Power
owned subsidiary of EGCO, singed the sale and purchase agreement to invest in a 49% ownership interest in Paju Energy Services Co.,Ltd. (Paju ES) owned by SK E&S Co.,Ltd. (SK E&S). Paju ES owns and
by Paju Energy Services Co., Ltd. (Paju ES), a company in which EGCO Group owns a 49% equity interest. Paju ES owns and operates Paju Power Plant which is a combined cycle gas-fired power plant. The
), a project of Paju Energy Services Co.,Ltd. (Paju ES) (EGCO holds a 49.00% ownership interest), located in Gangdong-gu, Seoul, South Korea with a capacity of 19.80 MW. Gangdong will sell electricity to
reached 1,174.86MB, a decrease of 18% from 1,439.36MB in 3Q 2017, of which 92% contributed from zinc trading business and 6% from renewable energy. Sales and services of 9M 2018 reached 3,697.26MB, a
in 2Q 2017, of which 91% contributed from zinc trading business and 7% from renewable energy. Sales and services of 1H 2018 reached 2,552.40MB, a decrease of 12% from 2,888.12MB in 1H 2017, of which 90
services Cost of sales and services consists of cost of sales from renewable energy investment business, cost of services and rental from project site procurement and rendering of related services business
Management Service Inc. (QMS) O&M Management Services (2) Associated in overseas power generation business Star Energy Geothermal Pte. Ltd. (SEG) Star Energy Geothermal (Salak – Darajat) B.V. (SEGSD) (3) Joint
of sales from renewable energy investment business, costs of services and rental from project site procurement and rendering of related services business, and renewable energy project development. In