increased by Baht 53 million mainly due to the increased in revenue from selling electricity of Ichinoseki Solar Power 1 GK (ISP1), resulting from lower snowfall compared to Q1/2019, and the increased in

revenue from selling electricity of Ichinoseki Solar Power 1 GK (ISP1) as a result of the lower light intensity in winter season. PAGE 3 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q4 2019 and FY2019 Executive

addition, the dispatch volume from Houay-Ho as a result of the lower power generation. The company will also have to recognize the interest expense which increased by Baht 133 million from Q2/2019 as this

governance ranking methodology for companies listed on the ASEAN exchanges. The methodology will be internationally benchmarked and in line with methods employed by organizations such as the Organisation for

strategic planning and policy direction of the International Accounting Standards Board (“IASB”). This means the SEC is recognized internationally. In recent years, we have rendered support to our neighboring

and neighboring areas, totaling 1,100 students. The goals were to disseminate knowledge and share experiences in the field of accounting and to attract students into accounting professions, which will

governance practices have led to significant increases in economic value added (EVA) of firms, higher productivity, and lower risk of systemic financial failures for countries. The Corporate Governance ROSC

SECURITIES AND EXCHANGE COMMISSION, THAILAND ANNUAL REPORT 2014ANNUAL REPORT 2014 CONTACT INFORMATION This report can be downloaded from www.sec.or.th For more information about this report, please contact: SECURITIES AND EXCHANGE COMMISSION, THAILAND 333/3 Vibhavadi-Rangsit Road, Chomphon, Chatuchak, Bangkok, Thailand 10900 Tel. 1207 or +66 2695 9999 e-mail: info@sec.or.th This 2014 Annual Report is about policies, strategies and performance of the SEC. We aim to supervise and develop the Thai...