to approve the acquisition of 80,000 ordinary shares of Universal Worldwide Transportation Limited (“UWT”), with a par value of 10 Hong Kong Dollar, which equal to 80% of total ordinary shares of UWT
of 0.96 THB. The company and its subsidiaries recorded total EBITDA of THB 3,580 million (+28% YoY, +42% QoQ), performance improved, especially for the Refinery Business, of which average crude run
1,386 million, or earning per shares of THB 1.01. The company and its subsidiaries performance improved, especially the Refinery Business Group which still maintains its average crude run at a high level
affected by the year round global oil price fluctuation, especially in the last quarter which oil price plunged drastically. Moreover, the refinery recorded lower crude run due to its 45 days turnaround
HONDA ENGINEERING ASIAN CO No WICE 002/2018 4 January 2018 Subject: The payment of share acquisition of Universal Worldwide Transportation ( “UWT”) To President The Stock Exchange of Thailand
increased from the same period of previous year by Baht 14.19 million or 18.57 percent, due to the increase in revenue from services of Baht 16.03 million but the revenue from transportation decreased by Baht
9.12 million or 10.67 percent, due to the increase in revenue from services of Baht 6.94 million and the revenue from transportation increased by Baht 2.18 million. Other revenue was Baht 3.07 million
and increase FN brand equity in a long run. For the proportion of other income to total revenue, the Company was able to maintain proportionate compared to previous period. The Company targets to expand
project, Run-of-River. The project is located on the Mekong River in Xayaburi Province of the Laos People’s Democratic Republic (Laos PDR). The project has entered into the PPA with Electricity Generating
in revenue from services of Baht 19.55 million and the revenue from transportation decreased by Baht 5.89 million. Other revenue was Baht 16.99 million, which increased from the same period of previous