commercial sales as planned. As at 30 June 2019, the Company had consolidated liabilities decreased from last year by Baht 52.67 million mostly due to long-term loan. Revenue received in advance for project

Description Amount % Amount % More (Less) Amount % Average Capacity Utilization 76.47% 75.41% 1.06% Revenue from sales 371,293 100.0% 380,912 100.0% (9,619) (2.5%) Cost of sales (292,720) (78.8%) (319,235

effect towards the Group’s other revenue accounting policy, except for the sales of steam according to the Minimum take or pay contract of an associated company’s group in Indonesia. Revenue recognition

the last year, the revenue from sale increased 4.78 percent and 6 percent from consolidated and separate respectively. That increase came from the domestic sales grew 11 percent from distribution

/ (Total revenue from sales / Number of days in the period 1 ) Accounts payable (days) = Average account payables / (Cost of sales of goods / Number of days in the period 1 ) Profitability Ratios Gross

Increase/(Decrease) Baht million Baht million Baht million % Revenue from Sales and Services 1,467.5 1,633.8 166.2 11.3 - Operating Revenue1 1,317.2 1,570.2 253.0 19.2 - Other Income from Utilities Business2

31 December 2019 in comparison with the corresponding period last year ended 31 December 2018 1 Revenue from sales Total revenue from sales were THB 14,933 million, an increase of THB 511 million or

result of higher expenses from hardware and software. THB (mn) 1Q 2018 1Q 2019 YoY (%) Operating revenue 276 689 149.3% Cost of sales 109 457 318.9% Gross profit 167 232 38.6% Selling, general

compared to Q2/2019 as following results:  Revenue Q2/2020, the Company and its subsidiaries had total revenue of 255.5 MB, increased from Q2/2019 in the amount of 26.2 MB or 11.43 percent (Domestic sales

total revenue amount THB 75.7 MB, equivalent to 8.7% of total revenue and can be summarized as the following: The Company’s revenue from sales amounted to THB 760.2 MB and THB 841.1 MB in the year 2019