Financial Cost 8 8 - Net Profit 29 65 (55) (Unit : Million Baht) Financial statements in which the equity method is applied Q2/2018 Q2/2017 % Change Sales 469 521 (10) Gross Profit Margin 379 396 (4) Selling
result of the continuously affected from Thai Bath strengthen to US Dollar (Which is the company's main currency), resulting in the company recognized revenue from sales of foreign currency decreased
sale of general investment of Baht 25 million in the first quarter 2019. While in 2018 the company recorded large amount of unrealized loss from mark-to-market price of investment in listed equity
ending March 31, 2019, the Company had operating loss of the equity holders of THB 0.74 million, which represent a decrease of THB 2.82 million or 135.23 per cent, compared to the same quarter in 2018. The
below: From the Consolidated Financial Statements for the second quarter of 2019, for the three- month period ended June 30, 2019, the Company had operating profit of the equity holders of THB 8.07
addition, the cost of recognized projects in the Q2–2024 increased. Administrative expenses Administrative expenses in Q2–2024 increased from Q2–2023 in the amount of 19.1 MB, or an increase by 23. 6% due to
management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s management recognized revenue from construction under a concession arrangement in
construction contracts. The Group’s cost of construction contracts was increased to 323.55 Million Baht, comparing with last year. It was related to the increasing of revenue recognized. 3. Other revenue The
Equity ratio stood healthily at 0.62x. Sbsequent Event: Gulf TS3, the 4th Joint Ventures SPP between WHA Energy Company Limited (a wholly owned subsidiary of WHAUP) and Gulf MP Company Limited at
3,219,214 baht compared to the same period of the last year mainly due to expenses related to IPO which could be recognized as tax expenses and the decrease of service income. The major changes of Balance