countries announced to ease lockdown measure resulted in fatty alcohols market’ s purchasing power improved. In addition, the profitability of fatty alcohols was lower than that of 1H2019 because of the

company increased by Baht 1,154 million or 118% from Q4/2018 and increased by Baht 646 million or 43% from Q1/2018. The increase was mainly due to improved operating results of the Sriracha Power Plant and

Utilities and Power Business and as a result improved the Company’s performance compared to 2016  Par spliting from Baht 5 to Baht 1 started July 13, 2017.  The Company issued the 3-Year debentures to

, a 11.4% increase YoY as planned reflected stable growth in volume  Share of Profit (Power Business) increased 162.9% YoY from 1Q2017 to record at Baht 659.2 million with foreign exchange gain of Baht

Incomes mainly consists of Interest Income from Loans to GHECO-One and Dividends Received from Investments in Glow IPP Power Plant1. 5 Administrative Expenses and Income Tax (Expnese) Income include the

2017 which is in line with an increase in revenue and improvement on EBITDA margin. • EBITDA margin improved to 27.7% in 2017, primarily due to high efficiency of our new power plants became commercial

Dividends Received from Investments in Glow IPP Power Plant1. KEY HIGHLIGHTS  We witnessesd solid performance from both Utilities and Power Business  Utilities Business’s Operating Revenue was Baht 404.2

Revenue2 26.8 1.4 1,883.2% - Power Business 1.4 0.0 N/A Costs of Sales and Services (276.0) (273.0) 1.1% Gross Profit 183.4 149.0 23.1% Gross Profit from Operation3 156.6 147.6 6.1% Other Income4 19.4 16.8

realized in following quarters. The decline of Wholesale/Retail Sale Activities to 169 million Baht was a result of the weakening purchasing power and the increasing market competition. The Export Sale

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 3 Year 2017 Ended September 30, 2017 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s