, therefore, has 9,480 rooms under its management across 14 countries. For the Company’s performance in 2019, the Company reported the net profit including attributable to non-controlling interest of THB 605

% 1,061.0 820.8 29.2% Insurance income 35.1 - 67.7 - Interest income and related 0.2 1.0 -80.0% 0.9 3.7 -75.1%   Management Discussion and Analysis, Q3/2018 Page2/5 JMT Network Services PLC Q3/2018 Q3/2017

In May 2019, Solarwa Project and TPS Commercial Project successfully completed Baht 2,200 million debt refinancing with interest saving rate approximately 2.0% p.a. or Baht 119 million throughout the

due to major renovation at CentralPlaza Rama 3, which in turn affected the performance of CPNRF, the Company managed to lower its financing cost by 37.3% YoY due to lower interest-bearing debt balance

Limited, the Company’s direct subsidiary, holds 40 percent stake), the operator of a small power producer in Nava Nakorn Industrial Promotion Zone, invested in an expansion for an addition of 60 megawatts

expected to enhance MACO’s media management’s capabilities under our digitalisation strategy both in Thailand and overseas. Moreover, MACO has acquired the remaining shares of Multi Sign, taking our stake to

Other Revenue. 4 Other Incomes mainly consists of Interest Income from Loans to GHECO-One and Dividends Received from Investments in Glow IPP. 5 Normalized Profit attributable to Owners of the Parent

100,000 ordinary shares at Baht 10 each. The capital was fully paid. The Company held 51 percent stake and ALT held 49 percent stake. 1.2 Signing of Financial Documents for Collector Wind Farm in the

89.12% stake in Permata will be finalised on the basis of a 1.77 times of Permata’s book value, as set out in the last financial statements published by Permata prior to the closing of the Transaction

Che 1 and 2 solar projects in Vietnam, 2) ABP3’s improving heat rate after gas turbine upgrade in Dec 2018 - Jan 2019 and 3) interest cost saving. • NNP / NNP - owner of the parent increased 6.8% y-on-y