close monitoring of the ongoing impacts of the pandemic on our industrial customers' operational plans, there was continuing strong electricity and steam demand from our main customers, petrochemical

composites, such as wadding, insulation, filtration, automotive acoustic insulation material and other products where heat is used to bond the fibers. The HIAM plant is expected to start operations in 2019

1,221 2.1% 3,706 3,534 4.9% Profit for the period from continuing operations 841 787 6.8% 2,459 2,239 9.8% Profit for the period from discontinued operation, net of tax - 7 -100.0% - 27 -100.0% Profit for

during Q1/2017 and there was the shutdown for commissioning in Q3/2017. 17 Management Discussion & Analysis (MD&A) Q3/2017 Management Discussion & Analysis Combine Heat and Power Producing Company Limited

management from modification and mixing of fuel material to improve combustion resulting in better heat rate and lower fuel consumption per unit and improvement of feedstock procurement process including

period last year. The company’s profit from continuing operations was THB 11,105 million, increased byTHB 3,571 million from the same period last year, and the profit margin for the year ended December 31

% 43 60 38% Gross profit margin 45% 55% 54% (1%) 9% 45% 54% 9% 1H/2017Q2/2017 Change +/(-) 1H/2016Q1/2017Q2/2016 2.4 Combine Heat and Power Producing Company Limited (CHPP) : VSPP Unit: THB million 12

from the previous year by 9.60 million Baht or 10.31%. The decrease is due to continuing slowdown of Non- Destructive testing services market since last year and decreased from the revenue from the

million, increased by THB 9,912 million over the same period last year. The company’s profit from continuing operations was THB 6,500 million, increased by THB 4,161 million, and the profit margin for the

amount of 0.55 million baht. As a result, the financial statements show net Loss from continuing operations of the parent company for the 6-month period ended June 30, 2020 in the amount of 0.36 million