and Analysis EXECUTIVE SUMMARY SIGNIFICANT EVENTS Announcement on Corporate Rating and Progress on Corporate Bond Issuance On April 5, 2018, TRIS Rating assigned the company rating of B. Grimm Power PLC
under construction. We partner with a number of key Thai and international power developers, namely the Glow Group, the Gulf Group, the B. Grimm Power Group, SUEZ and the Gunkul Group. WHAUP recognized
international power developers, namely the Glow Group, the Gulf Group, the B. Grimm Power Group, SUEZ, the Gunkul Group, and Mitsui and Tokyo Gas. In addition, WHAUP has also developed and operated its own
international power developers, namely the Glow Group, the Gulf Group, the B. Grimm Power Group, SUEZ and the Gunkul Group. WHAUP recognized Power Business performance in a form of (i) Share of Profit and (ii
under construction. We partner with a number of key Thai and international power developers, namely the Glow Group, the Gulf Group, the B. Grimm Power Group, SUEZ, the Gunkul Group, and Mitsui and Tokyo
number of key Thai and international power developers, namely the Glow Group, the Gulf Group, the B. Grimm Power Group, SUEZ, the Gunkul Group, and Mitsui and Tokyo Gas. In addition, WHAUP has also
Gulf Group, the B. Grimm Power Group, SUEZ and the Gunkul Group. WHAUP recognized Power Business performance in a form of (i) Share of Profit and (ii) Dividend Income. Share of Profit is a net profit in
construction. We partner with a number of key Thai and international power developers, namely the Glow Group, the Gulf Group, the B. Grimm Power Group, SUEZ, the Gunkul Group, and Mitsui and Tokyo Gas. In
million ( + 75% YoY, + 84% QoQ) , or earning per shares of THB 1. 35. The performance vastly improved mostly from the refinery business recorded high utilization rate and better GRM, as well as the power