excluded Foreign Exchange Gain (Loss) IPP  3 IPPs Power Plants generated Baht 440.9 million of Normalized Share of Profit, a 14.2% decrease from 2Q2017, was mainly from additional revenue from business

during this period as well. Cash flow analysis 1H 2017 1H 2018 THB mm THB mm Net cash generated (used in) from operating activities 270.9 (90.1) Net cash generated (used in) from investing activities

199.23 million, due to the fact that Hongsa Power Plants generated less electricity than the same period of the previous year. ,., Cost of sale and render ing of services (excluding fuel costs) Cost of

year operation : The 1st year revenue (“Total Revenue”) in the financial valuation consist of: (1) Revenue generated from Self-operate Restaurants of 11 branches totaling THB 44 Million per year, based

payment in the second quarter of 2018 as well. Cash flow analysis 9M 2017 9M 2018 THB mm THB mm Net cash generated (used in) from operating activities 483.6 (138.3) Net cash generated (used in) from

Profit for 2018 is adjusted with Adjustments of Revenue Levelization (TFRS 15) for comparison purposes. Normalized Profit for 2019 has effects from TFRS 15. IPP  For 3Q2019, 3 IPPs generated Baht 259.0

IPPs generated Baht 96.6 million of Normalized Share of Profit and Dividend, a 395.8% increase from 1Q2019 mostly derived from higher contribution from GHECO-One due no major maintenance and favorable

holding health and safety of guests and employees as top priority and ensuring financial feasibility. In order to boost reservation value and revenue generated from the reopened hotels, SHR was pleased to

under Constuction and Development” since it started operation November 2019 IPP  For 2019, 3 IPPs generated Baht 832.0 million of Normalized Share of Profit and Dividend, a 5.1% decrease from 2018 due to

approximately THB 2,176 million. The generated power and steam will be sold to industrial customers and the commercial operation is scheduled in July 2023. On April 21, 2020, the three shareholders have already