management based on the Company's financial statements for the 12 months ended December 31, 2018 NCL Group gained net profit of 3.16 million Baht or 0.26% of revenue from sales and services, increasing 141.53

cost and administrative expenses amount to Baht 80.86 million, it decreased from the same period of previous year amount to Baht 52.42 million or equivalent to 39.33% which gained from the control of

addition, the Company has gained of Baht 57.82 million from sale of its investment property (2nd part) that has not been used and planned in its business operation following the approval from Extraordinary

has risen by 25.6%, but net earned premium has only gained 12.1%. This is because long-term insurance policies contributed to a certain portion of sales growth. Earning those premiums in a given period

has increased compare to the same period at the previous year, the company has lost ฿ 10.34 million during the six-month period in 2020 while the same period last year, the company gained profit at

information to sell IFEC shares, to pay civil penalty and compensation for the benefits gained from committing the offense. However, Suphanan did not agree to comply with the civil sanction. Later, on 27

2,516.29 million, respectively. Management Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 2020 Page 3 1. Significant Events of the 2 nd Quarter of 2020 Thanh Phong Wind

commercial operation of Mount Emerald Wind Farm Project and Collinsville Solar Power Project on December 12, 2018 and March 21, 2019, respectively this resulted in the increase in revenue from sales and

the year 2016. The main cause is from the reduction of the compensation for loss of production and estimated construction cost of WTG’s foundations of Huay Bong 2&3 wind farms. Sales and administration

of Baht 125.68 million or 27.65 percent according to additional investment in solar power plant of 10.0 MW, biomass of 6.8 MW and wind power of 10.0 MW in 2016 - Hotel business that company has