synergies with GPSC’s business and to be become a leading, innovative and sustainable global power company. • Commercial Operation Date of Bangpa-In Cogeneration Company Limited Phase 2 (BIC2), SPP On 29 June

sugar tax and excise tax effective in Oct’19. “Fit Fast Firm” project deliverables in 2019 are lower raw material and packaging costs, packaging optimization, new lighter weight bottles and more

manufacture, particularly energy drinks in both bottle and can formats, delivered an improving gross margin both year-on-year and quarter-on-quarter basis as a result of lower costs of key raw material and

2018 as the raising in raw water sales volume while costs of sales and services totally 2,003.08 million Baht, increased by 357.38 million Baht or 21.72% because of increasing of electricity cost. Net

due to the raising in raw water sales volume and net profit attributable to equity holders of the parent company of 609.48 million Baht, increased by 28.85 million Baht or 4.97%. Income statement

charges expenses 0.53 0.14 3. Kabin Patthanakij Co., Ltd. B - Sale of products/ raw materials 19.94 3.01 4. Pitakkij Security Guard Co., Ltd. B - Security fees expenses 7.45 1.38 5. Thai Itokin Co., Ltd. B

processing into secondary raw materials and repair) ● Composting & anaerobic digestion of green/garden/yard and food waste ● Thermal treatment with energy recovery of residual waste (outside the EU only) ● The

PPG products caused we cannot bid for any projects , and we have to set up provision for obsoleted raw materials and stocks. Please be informed. Yours Sincerely, Panya Boonyapiwat Chairman

million Baht, decreased by 27.23 million Baht or -7.97%. ง Income statement (Million Baht) 1st Quarter 2020 2019 YOY % Total Sales and Services revenue 1,157.02 1,164.83 (7.81) (0.67%) Raw water revenue

export sales volume was dropped including the reduction of selling price. The fluctuation of raw material price and keen competition of selling price affected to the domestic sales whereas the appreciation