& Trading Business Group 11 Marketing Business Group 13 Power Plant Business Group 14 Bio-Based Products Business Group 16 Natural Resources Business Group 18 Statement of Financial Position 20 Cash Flows

of income generating assets from the EBT of UE since 16 March 2018, whose revenue contribution this quarter amounted to THB 119mn, being partially offset by (iii) a decrease of 25.8% YoY or THB 29mn of

Q4/2019 or 38%. This increase contributed mainly from the increase in Availability Payment (AP) from Sriracha Power Plant corresponding to the depreciation of Thai Baht against US Dollar, while the

September, 2017. o The company has commenced production of electricity and steam from the third co-generation power plant (GTG-3), with capacity production of 12 MW and 42 tons of steam per hour. This being a

3,358.62 million of the year 2018. The significant decreasing came from the reduction of the revenues from construction works of substation, communication system works, renewable energy plant. The revenues

(EIAs) are common requirements in most jurisdictions for solar power plant developments, which might include studies of threatened species; land disturbance; historical and archaeological studies and

power plant at Baht 142.91 million, or 41.66 %. The increase of revenue from power plant comes from the 5 MW Prachinburi Power Plant at Baht 38.12 million and the 9.99 MW Kyotamba power plant in Japan at

due to the efficient cost management in the production of electricity and steam from the Cogeneration power plants. Throughout Q1/2018, the Sriracha Power Plant, which is a Independent Power Producer

is a subsidiary with 100% shareholding by TSE of which TSEO has invested in the solar power plant projects in category of ground mounting in Japan, totaling of 8 projects with the accredited power

entering high season in late of Q2/2020. Combined with this quarter being the first quarter to realize full performance of the Hydropower Plant project, “Nam San 3B” . As for the projects in Japan, they