is recognized as an adjustment to retained earnings as at January 1,2020. The Company announced Q1/2020 Performance with Baht 699 million of Net Profit which decreased by 78.5% from Baht 3,247 million
) ** Normalized net profit = Net profit – Unrealized gain / (loss) from FX – Non-recurring income / (expense) B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis 6M’18 6M’19 change Q2’18 Q1’19
selling prices dropped by 13% compared to same period last year. The Company reported a net profit of Baht 890 million during the quarter compared to a net loss of Baht 192 million for the same period last
: * Normalized net profit = Net profit – Unrealized gain / (loss) from FX – Non-recurring income / (expense) B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis Q1’2019 Q1’2018 % change
143 4 0 161 4,025 Net Financial Costs (5) (0) (12) (0) 7 (58) (8) (0) 3 (38) FX Gain/Loss(1) (10) (0) (22) (0) 12 (55) 44 1 (54) (123) Share of Profit/(Loss) from investment 46 1 15 0 31 207 27 1 19 70
(69.35) (1.51) (64.17) (1.47) (87.32) (2.11) Loss on impairment of investment (75.42) (1.64) (8.07) (0.18) (4.69) (0.11) Gain (loss) on sale of investment 90.49 1.96 (5.19) (0.12) - - Profit before
) (3) 8 (6) (139) (3) 6 (4) EBIT 4 0 87 2 (83) (95) 72 2 (68) (94) Net Financial Costs (8) (0) (15) (0) 7 (47) (5) (0) (3) 60 FX Gain/Loss(1) 44 1 (26) (1) 70 (269) (27) (1) 71 (263) Share of Profit
801 106 13% Cost of sales and services -789 -621 168 27% -682 -608 74 12% Gross Profit 248 235 13 5% 225 193 32 16% Other Income 5 0 5 1,701% 14 7 7 117% Selling expense -81 -70 11 16% -71 -61 10 17
abovementioned, the net profit has changed by more than 20%, comparing to the same period of 2018 which is clarified as below Income : (Unit: Million Baht) Consolidated Separate Y2019 + Increased Y2019 + Increased
million comparing to the net profit of Baht 1 million and Baht 50 million, respectively, in the same period last year. During this pandemic period, the Company has carefully managed the situation in all