fluctuations, and the increase in revenue from sale of electricity following greater irradiation. - Sales income SAAM Group’s income from sale of electricity is generated from a 2.0 MW solar power project in
Page 2 Management Discussion and Analysis 1. Power Industry and Competition 1.1 Electricity industry and Economic situation in Thailand Thailand’s economy expanded by 2.4 percent in 2019, lower than 2018
Energy Power Plant and Rayong Central Utility plant (CUP). Adjusted Net Income increased by Baht 1,043 million or 215% from Q4/2018 due to the following reasons: • Gross profits from IPP plants and SPP
expanding of production line. By the way, no significant change in sales and service income of Quarter 4 compared to Quarter 3 2019, except sales of electricity of Solar Energy Power Plant which increase by
income Baht 72.74 million or 21.95% compared to the same period of last year. Revenue from electricity sales increased by Baht 69.73 million or 25.53% from the Japan power plant of Baht 107.87 million of
sales and services income (included revenue from finance lease under a Power Purchase Agreement) for the first quarter of 2020 and 2019 amounting to Baht 1,216.6 million and Baht 1,212.8 million
Energy Power Plants 5.1 5.3 5.0 (5.7%) (2.0%) 15.6 15.3 (1.9%) Revenue from solar energy system installation service - - - 21.5 N.A.(>100) N.A.(>100) - 21.5 N.A.(>100) Total sales and service income
Nine 30, 2018 2017 Changes % 2018 2017 Changes % Revenues : Revenues from sales and services 192.37 204.87 (12.50) (6.10) 683.59 702.79 (19.20) (2.73) Other income 2.76 9.06 (6.30) (69.54) 26.49 26.25