Limited (SAFE) which is held 33.37 percent of total shares by ECF Power Company Limited (ECF-P) and ECF-P is the subsidiary held 99.99 percent by the Company. At the present, SAFE gains profit from biomass

transactions. 2Total of each segment may not always tally with consolidated financials due to holding segment. 3 3Core EBITDA is Reported EBITDA less Inventory gains/(losses). 4Core Net Profit is Reported Net

regional or consolidated EBITDA. 4Core EBITDA is Reported EBITDA less Inventory gains/(losses) 5Core Net Profit is Reported Net Profit less Inventory gains/(losses) one-time extraordinary items 6Core EPS is

% Administrative expenses - 2.6 - 9.6 73.1% Finance costs - 4.5 - 3.1 -46.3% Profit for the period 28.4 17.2 64.7% Net Profit 10.3% 9.1% EBITDA (MB) 45.9 27.8 65.4% EBITDA (%) 16.6% 14.6% Earnings per share (Baht

holding segment 3Core EBITDA is Reported EBITDA less Inventory gains/(losses) 4Core Net Profit is Reported Net Profit less Inventory gains/(losses) one-time extraordinary items 5Operating Cash Flow is after

current reported period. The cost of sales is impacted by inventory gains/losses wherein inventory gains decrease the cost of sales and inventory losses increase the cost of sales. Core Net Profit is the

801 106 13% Cost of sales and services -789 -621 168 27% -682 -608 74 12% Gross Profit 248 235 13 5% 225 193 32 16% Other Income 5 0 5 1,701% 14 7 7 117% Selling expense -81 -70 11 16% -71 -61 10 17

% 6.03 Earnings before interest, taxes, depreciation 63.24 42.07 50.32 Earnings before interest, taxes, depreciation margin 16.82% 13.25% 3.57 Net profit for the period 47.13 29.06 62.18 Net profit margin

Total revenues 375.89 317.58 18.36 Net profit margin 57.61% 60.53% 2.92 Selling Administrative expenses 156.73 151.58 3.40 Selling Administrative expenses margin 41.70% 47.73% 6.03 Earnings before

attributable to Equity holders of the Company 4,913 4,834 79 1.6 Basic earnings per share (Baht) 0.32 0.32 - For the nine-month period of the year 2019, the Company had the net profit attributable to equity