Nirvana Daii Public Company Limited (“NVD”), a 52%-owned subsidiary of Singha Estate, invested in January 2017. 1Q18 consolidated net profit grew 651% YoY, as the performance incorporated (non-cash) gains
using the straight-line method for depreciation and apply the revised estimated useful lives for the financial statements of both consolidated and separated statements starting 1 January 2020. The details
the Consolidated Financial Statements ended 31 December 2018, which have been audited by the Company’s authorized auditor. The Company would like to clarify the operating results of the Company and its
Analysis for the year 2019 Thai Energy Storage Technology Public Company Limited (the “Company” or “3K-BAT”) hereby submits Pro forma consolidated financial information for the year 2019. Because the Company
HRC sales of 210,501 tons which is 65% higher than in previous quarter. The production was accounted for 195,708 tons which is equivalent to 99.4% of total capacity during off-peak period which has
Company” or “CPN”) reported 2Q17 consolidated net profit of THB 2,483 mn, up by 8% YoY with total revenues of THB 7,620 mn, grew by 6% YoY. The strong performance was resilient as CPN has continually placed
production was accounted for 114,178 tons which is equivalent to 58.55% of total capacity during off-peak period which has lower electricity cost. The average selling price in this quarter was at THB 17,030
3Q17, sales progress reached 91%. The project was due to complete in 3Q19. Management Discussion and Analysis 3Q17 & 9M17 Consolidated Financial Results Page 2 of 6 • In February 2017, the Company
consolidated net profit of THB 5,983 mn, an increase of 155.4% from the same period of the previous year (YoY). Total revenue stood at THB 11,198 mn, an increase of 53.0% YoY. Excluding a non-recurring item
Competition 1.1 Electricity industry and Economic situation in Thailand In 2018, Thailand’s peak demand in Electricity Generating Authority of Thailand (EGAT)’s system was 28,338 megawatts, occurred on April 24