THB 595 million because of the declining of methyl ester and natural fatty alcohols price from the end of previous year. - a decrease in inventory of THB 1,288 million mainly from the expenses of raw

Others Unit: Million Baht Unit: Million Baht Natural gas(IPP) Natural gas (SPP+VSPP) Other raw materials Coal Maintenance costs Comparing Q4/2019 vs Q3/2019 Comparing Q4/2019 vs Q4/2018YoYQoQ 57% 55% 56%4

% Total Revenue 1,740 3,814 4,604 21% 165% Cost of Raw Materials - Natural Gas 616 689 1,187 72% 93% - Coal 328 1,496 1,537 3% 369% - Others 18 40 39 (3%) 117% Total Cost of Raw Materials 962 2,225 2,763 24

(EGAT) to purchase the rest of 130,000 tons of crude palm oil to be used as electricity. For natural fatty alcohols market in 3Q/2019, the demand was slow down which was affected from US China trade war

1H/2016. Financial Performance Project UpdatesExecutive Summary Natural gas (IPP) Natural gas (SPP) Maintenance fee Others Other raw materials Cost of sales and services (exclude depreciation and

and services increased by 10.87% from last year due to the sharp increment of raw material prices during Quarter 2 to Quarter 3 especially in natural rubber, synthetic rubber and chemicals groups. The

hourly operating maintenance cost of the Sriracha Power Plant. Electricity (SPP+VSPP+Other) Steam Natural gas (IPP) Electricity (IPP) Revenue (THB million) Natural gas (SPP) Maintenance fee Other raw

income 21 7 3 (88%) (63%) 34 20 (41%) Total revenue 4,477 4,064 3,489 (22%) (14%) 12,010 12,156 1% Cost of raw materials - Natural gas1 748 548 534 (29%) (3%) 2,708 2,269 (16%) - Coal 1,688 1,590 1,318 (22

) Industrial and chilled water Revenue (THB million) Natural gas (SPP) Maintenance fee Other raw materials Cost of sales and services (exclude depreciation and amortization) (THB million) Management Discussion

Plant compared to 2017. Electricity (SPP+VSPP+Other) Steam Natural gas (IPP) Electricity+ Revenue from finance lease agreement (IPP) Revenue (THB million) Natural gas (SPP) Maintenance fee Other raw