Year of 2018 WHAUP finished our 2018 with the record high Net Profit of Baht 2,251.9 million, a 13.7% increase from 2017 with Normalized Net Profit of Baht 2,267.8 million, a 61.2% increase from 2017. 1
of Thai Economy in Q3/FY2018 pushed forward the market’s growth in every aspects, as well as growth of Thai economy that led to; 1. Increase in Company’s revenue around 92.48 million baht or 7.06
economy that led to; 1. Increase in Company’s revenue around 282.66 million baht or 5.30% comparing to last year due to the growth of automobile’s and motorcycle’s production. 2. Increase in raw material
to sales volume growth that was supported by an increase in capacity from the investment in Phase 3 at the new plant, but mainly offset by the appreciation of the Baht. Cost of Sales and Gross Profit
derived from sales of Biomass Power Plant which increased by Baht 95.6 million or 14.2% from increase in revenue from the new biomass power plants which the Group acquired in the third quarter of 2020. In
Revenue For the 9 months ending 30 September 2017 and 2018, total revenue increased from THB 1,826.3 Mn to THB 2,226.3 Mn respectively. This was an increase of THB 400.0 Mn or 21.9% and was mainly due to
production volumes supported by an increase in capacity utilization of Phase 3 at the new plant. After the Company’s investments undertaken in 2018, available capacity increased in 2H2018, but volume decreased
increased from THB 1,826.3 Mn in 9M17 to THB 2,226.3 Mn in 9M18. This was an increase of THB 400.0 Mn or 21.9% and was mainly due to the increased in revenue from sales and service. The reasons for the
investment in property, plant and equipment. The Company’s total liabilities amounted to 1,283.62 million baht, rose by 68.73 million baht comparing to September 30, 2017 due to the increase in trade payables
follows. Summary The Company reported Total revenues in 3Q19 of Baht 252.85 million, a 31.64% increase from 3Q18 revenues of Baht 192.08 million. Net profit for 3Q19 increased by 5.40% to Baht 47.95 million