in 2016, or 20.57% increased. The rate of increase is less than the increment rate of company’s revenue; therefore, SG&A/revenues decrease from 12.56% in 2016 to 11.45% in 2017. 3. Financial Expenses

activities (2,290) Net cash payment for financing activities (2,064) Loss from the effect of foreign exchange rate (194) Net increase in cash 2,969 - Net cash received from operating activities was 7,517

activities (13,780) Gain from the effect of foreign exchange rate 934 Net increase in cash 30,306 - Net cash received from operating activities was 8,127 million Baht from operating of EGCO and its

compared with that in 3Q16. Such increase was mainly due to an increase in revenue from sales and a decrease in effective corporate income tax rate. The effective corporate income tax rate decreased since

with the same period of previous year with amount of 350.59 million baht which increase by 38.79 million baht or 11.06%, which resulted from the company had increase the revenue from flexible packaging

Operation Date EBITDA Earnings before Interest, Tax, Depreciation and Amortization FX Foreign Exchange Rate IPP Independent Power Producer PPA Power Purchase Agreement SPP Small Power Producer Projects

OHTL Public Company Limited and its subsidiaries Management Discussion and Analysis for the year ended 31 December 2018 (Unit: Thousand Baht) 2018 2017 Increased/ (Decreased) Occupancy rate (%) 48.1

showed in the corresponding period last year, or 25.21% increased, which is corresponding with sales growth and expansion of company’s internal activities. Nevertheless, the rate of increase is less than

: Summary of operating results for Q1/2019, Ended of March 31, 2019 Unit: Million Baht Power Generation Others Total Change Increase (Decrease) Quarter 1 Quarter 1 Quarter 1 Quarter 1 2019 2018 2019 2018 2019

percent, edging up slightly from 0.6 percent in 2017 given steady improvement in overall domestic demand. On December 19, 2018, the Bank of Thailand raised the policy rate for the first time in seven years