Revenue, whereas Gross Profit decrease mainly as a result of lower Excessive Charge. In 9M2019, Gross Profit was Baht 529.9 million, a 15.9% increase from Baht 457.3 million in 9M2018, and Gross Profit from
and mixing of fuel material to improve combustion resulting in better heat rate and lower fuel consumption per unit and also improvement of feedstock procurement process including sourcing new types of
Company reported total revenue of 2,196.95 million baht (1Q2019: 2,105.75 million baht), an increase in a lower rate comparing to the same period of last year in the amount of 91.20 million baht or 4.33
383.52 million (or 20.23 percent of total assets) and Baht 542.31 million (or 25.60 percent of total assets) respectively. Trade receivables decreased in following to the lower sales. 2.1.3 Financial
was decreased by Baht 217 million mainly due to a decrease in electricity profit, caused by a scheduled maintenance. Additionally, lower electricity demand affected to lower electricity sales unit price
due to effective in cost management and currency appreciation than the previous year resulting in lower product costs. In the year 2019, the exchange rate was between 30.33 – 32.53 Baht per 1 US dollar
decrease of THB 3.6 Mn or 21.1%. This decrease was mainly due to a decrease in royalty and marketing fee income of franchise branches which had lower revenue from epidemic situation of COVID-19 and temporary
lower margin and also from discount given to customers to boost the sales. - Gross profit from rental and rendering of services was THB 1,260 million, decreased by 17.3% and gross profit margin was 69.4
decreased by Baht 77 million mainly due to a decrease in electricity revenue, caused by the lower amount of water, comparing to the same period of previous year. Page 10 Quezon (Include PEPOI and QMS): Unit
, mainly due to the lower electricity generation, compared to the same period of the previous year. Management Discussion and Analysis For the Three-month and Nine-month Periods Ended 30 September, 2019 Page