individual auditors’ engagement. The overall results of the inspection conducted on 13 audit firms in 2016 during the third cycle, which is between 2016 to 2018, indicated continuous improvement from the

due to the R&D and sales force invested for new products development enhancement and 7.6% lower compare to last quarter due to Q2’19 have high R&D outsource service in Europe Operating profit in Q3-19

& Risks Commitment and Targets Integration with business values & KPIs Impacts Outcomes Good Corporate Citizenship Collaboration in supply chain Monitoring system, progress and improvement Linkage and

Hong Kong. This is an improvement from previous survey when Thailand was ranked the fourth. This year Thailand made progress in 4 out of 5 categories (CG Rules and Practices, Enforcement, IGAAP, and CG

previous year to 26.56% due to change in product sales mix of general merchandise and the enhancement of directly sourced private-label goods, as well as the continuous efficiency improvement in product

future. The new preventive measures will also come with traceability, enhancing the ability to trace back the route of the product. At the current stage, the Company is working on process improvement

and Analysis EXECUTIVE SUMMARY SIGNIFICANT EVENTS Announcement on Corporate Rating and Progress on Corporate Bond Issuance On April 5, 2018, TRIS Rating assigned the company rating of B. Grimm Power PLC

world trade volume. In addition, tourism sector and the agricultural sector expanded continually, as well as improvement in public consumption and private investment. While, public investment declined. As

Highlights - FY19 Net profit* was at THB 3,259 million (+8.4% YoY), with net profit* margin of 12.7% (+30 bps YoY), where the improvement mainly came from growth in revenues of core businesses and favorable

from our first hydro power projects – XXHP – achieved COD in August 1, 2017 with an installed capacity of 20 megawatts. ABBREVIATION & OUR PROJECTS FINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF