: * 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
) (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
reported its 2017 consolidated net profit at THB 13,568 mn, an increase of 46.8% from the same period in the previous year (YoY). Total revenues stood at THB 34,594 mn, an increase of 18.3% YoY. Excluding
year 2019, 3BB had 3.10 million subscribers in total; this number included approximately 1.48 million FTTx subscribers. 2. Net profit In the second quarter of the year 2019, the operating profit of the
million or 66.26%. According to the abovementioned, the net profit has changed by more than 20%, comparing to the same period of 2019 which is clarified as below Income : (Unit: Million Baht) Consolidated
) 47.78 (229.65) (480.64) Expense tax (0.94) (13.42) 12.48 (93.00) Net profit (loss) (182.81) 34.36 (217.17) (632.04) Gross Profit Margin 14.62% 49.40% Earnings before interest and taxes -46.48% 18.06