million, improving from loss of Baht 124 million in Q3/2018. Page 3 LQSF (Unit: Million Baht) Q4/2018 Q4/2017 %YoY 2018* 2017 %YoY Sales 178 n.a. n.a. 369 n.a. n.a. Cost of Goods Sold 118 n.a. n.a. 238 n.a

economy continues its growth momentum following the GDP expansion by 4.8% in 1Q18. The growth is attributed to a number of factors, namely 1.) exports growth in-line with the improving sentiment of the

) ABP5 improving heat rate after gas turbine upgrade in July 2019 and 3) solar projects in Vietnam which give relatively higher EBITDA margin. Normalized net profit (NNP) • NNP / NNP - owner of the parent

continued improvement in plant efficiency. • EBITDA margin increased y-on-y to 28.6% in Q2’2020 and 28.9% in 6M’2020 from 1) ABP5 and BPWHA1 improving heat rate after gas turbine upgrade in July 2019 and

quarter compared to the previous year despite the rising inflation which limited consumer purchasing power. Core service revenue (excluding IC and NT partnership) recorded at Bt133,033mn, improving 1.6% YoY

in, provided the extent of fossil fuel use in the hybrid plant is controlled. Energy payback Energy payback periods are also improving. For solar PV systems, the energy payback period including balance

-2012), as presented in figure 2. Such improvements naturally reflected the emphasis and determination of firm leaders and their staff on improving the level of audit quality. Figure 2 Comparison of

. This reflects the emphasis and determination of leaders of audit firms and their staff on improving the level of audit quality. During this second year of the second-cycle annual audit inspection, the

-value special- ties feedstock gave a tremen- dous boost to earnings from that segment, wherein core EBITDA/tonne rose by 57% on a year-on-year basis. While EBITDA margin for PET was impacted for Table 2

has become more stable; although some small degree of operational uncertainties still remain and are dependent on the overall consumer confidence, the Government’s economic stimulus to boost overall