the decrease rate in profit was lower than the decrease rate in revenue due to the reversal of provision for doubtful account of the Q4-2016. - 3 - Operating results and ability to make a profit
the year and from additional government measures to support low-income households, although these may gradually decrease. Private investment was also expected to slow down due partly to a decline in
per cent in line with the decrease in revenues from sales in this period. Gross profit margin of 2018 was 60.71 per cent, lower than that of 63.63 per cent a year earlier, representing a decrease of
still the fixed costs such as employee salaries, therefore the decreased rate in expense was lower than the decrease rate in revenue. Financial Analysis of the company As of March 31, 2020, the Company
lower than in Q4/2016 by Baht 50 million or 26% due to the decrease in variable maintenance cost that is affected by the fewer number of operating hours at Sriracha Power Plant in 2017. The maintenance
investments and net fees and service income, mainly from lower fees from loan-related services, combined with the decline in fees from transaction services caused by the exemption of transaction fees via
rainfall that rose coinciding with the season. 2. The solar power plant project in Japan recorded a decrease in electricity sales from lower average irradiation hours at every sites, due to Japan entering
Plants (CUP 1-3) and IRPC Clean Power (IRPC-CP) declined. Additionally, there was a decrease in revenue from Availability Payment (AP) of Sriracha Power Plant due to a lower Weight factor during the rainy
was risen by 2.50%. And the sales value of Specialty Chemicals business unit was decreased by 7.97%. The 1.80% decrease in total sales revenue was mainly due to the decline in sales value of Commodity