, Normalized Share of Profit from Investments was Baht 424.5 million, a 45.2% decrease from Baht 775.3 million in 6M2019 mainly due to a lower contribution from GHECO-One, SPPs (3 of 8 SPPs performed planned
) (4.66) 12.84 Profit before share loss from investment in joint venture and income tax 2.76 5.93 (3.17) (53.40) 2.70 6.12 (3.41) (55.82) Share of loss from investment in joint venture 1.06 0.90 (0.16
The profit margin decreased slightly Q-o-Q, and dropped Y-o-Y due to the effect of the annual selling price adjustment, a change in foreign currency rates and an increase in the cost of goods sold
. Shareholders' Equity As of 30 June 2017, shareholders' Equity was Bt10,675 million, an increase of Bt685 million, mainly due to profit from the period and dividend payment. Analysis of performance Gross Profit
149.94 million or 62.36% due to profit from operation and currency exchange as detailed below:- Unit : Million Baht Please be informed accordingly, Respectfully yours, -Weera Louwitawas- (Mr. Weera
), due to higher contribution of C-Vitt and COVID-19 impact. Higher proportion of C-Vitt in total portfolio distorted the overall gross margin as C-Vitt operates under joint venture model so profit is
Administration expense 34.78 34.78 Net Profit -19.15 13.84 Gross Profit Margin (%) 12.30 12.30 Net Profit Margin (%) -9.29 6.71 • Due to PPA report which we received in Q 4/2018, company had recorded profit from
Million Baht or 97.41 Million Baht increased (10.45 percent) when compared to same period of previous year as total revenue of 932.13 Million Baht due to more deliver on products Profit from investment of
4th quarter of 2018). The proportion of gross profit per sales increased due to control of loss from production, the development of the employee’s skills in the production line and the decrease cost of
total shareholder equity of 448.1 MB which increased from December 31, 2018 in amount of 56.8 MB due to profit from operation (including other comprehensive expense) 102.0 MB, the increased in other