cancellations of some of our long-term contracts. To address this issue, we have been relentless in identifying new clients to replace those cancelled contracts; while we foresee the situation in Malaysia to be

Experience Management Sales to 13.37 Mb, an increase of 11.89 Mb or 800.4% YOY. We foresee a significant growth in these new Business Units in line with our planned strategy to offer end-to-end solutions to

do foresee that this business will pick-up in Q4 and next year, even if the sector in general remains under stress, as our new pioneering flux product gains traction replacing imported alternative

collection and there is a fully amortized bad debt portfolio increase. JAS Asset  JAS Asset is expected to transfer property for sale, a condominium, in 2019 and expect to completely transfer in 2020. J

enhancements benefitting both the top and bottom line as we expect 2020 to be a more successful year” 2. Outlook Economic growth was approximately 1.6% in Q4 2019 compared to the same period last year with

Water sales volume increased by 6.0% YoY mainly from COD of Gulf VTP Power Plant in May 2017. 3 c. 3 additional SPPs currently under construction are scheduled to achieve COD in 2017. We expect the

quarter of 2020. Considering the Company’s separate financial statement, the operating and administrative expenses as a percentage of total revenues was down to 35% in the first quarter of 2020. - Expect

were also higher, but these are investments into the future competitiveness of the company. On the upside we expect to see some of the variable cost pressure, notably fuel, to ease in the following

relating to employee incentives. On the upside, the maintenance, which would have occurred later in the year, is now complete so we do not expect major maintenance activity in H2 and have the ability to run

ease this pressure, and with the upward trend in prices, we will continue to expect healthy margins.” 2. Outlook Overall Thai economic activity in the first quarter of 2018 beat expectations with an