sales in Q4 2017. Costs of goods sold increased by 33% to 1,448.71MB in Q4 2017 from 1,092.37MB in Q4 2016 due to huge increase in LME zinc price which increased gross profit of Q4 2017 by 24% from Q4

17 solar power plant projects in Thailand, and revenue from sales of electricity from its own solar power plant operated by its subsidiary. For the year 2016 and 2017, revenues are THB 73.79 million

Disposal asset group classified as held for sales of Power Plants business unit in the amount of THB 52.83 million due to movement of net working capital in Q1-2020. The disposal of the Power Plants business

was decreased by Baht 23 million mainly due to administrative expenses were increased from consulting fee. Meanwhile, other income was increased. Page 12 Other Subsidiaries in Power Generation business

from Baht 21,378.2 million at year-end 2017. The increase was due to increase of an investment amounted of Baht 1,863.5 million, which was mainly from increased of Share of Profit from power projects and

2.8% Revenue from finance lease under power purchase agreement 95.3 102.4 104.5 2.1% 9.7% 197.6 206.9 4.7% Cost of sales and services (1,174.0) (1,274.4) (1,191.7) (6.5%) 1.5% (2,323.4) (2,466.2) 6.1

(loss): A slump in shares of profits by 390% from the same period of the previous year was solely due to a negative performance of Advance Power Conversion Company (APCON) whose projects had been delayed

Clover Power Public Company Limited (CV), the issuer of CV251A bonds, will convene the Bondholders’ Meeting No. 1/2568 electronically on 8 January 2025 at 10.00 hours. The e-meeting contains

subsidiary, in the amount of THB 700.96 million due to the increase in Base Availability Credit in 2019 compared to that of 2018, as specified in the Power Purchase Agreement. (3) Revenue from sales of RATCH

while it had THB 137.76 million of revenue from about 41 rai of land transfer in 2018. ▪ In 2019, revenue from infrastructure service increases due to 4 newly operated factories in Gateway city industrial