10110 Tel. 0 2204 2601 Fax. 0 2204 2616 before the due date and no revenue recognition from other business, which was under the consideration of the investment information for the replacement. DCORP had

income decreased mainly due to lower gains on investments and net fees and service income. The main reason for the decrease in net fees and service income was the change in recognition of fee income from

of Central Utility Plant 4 (CUP-4). Finance Lease Receivable, net decreased by Baht 445 million or 7% due to a decline in the EGAT’s financial lease receivable with respect to revenue recognition basis

since there was lower demand of chilled water consumption. The gross profit in 2017 increased by Baht 26 million or 30% due to the start of revenue recognition from CHPP Solar Cooperatives project which

market, where the oil business is in on a downward trajectory following slowing global economy due to the trade war between the US and China. The Dubai crude price in 2019 averaged at 63.51 $/BBL, a

Solutions grew by THB 35.31 million or 13.43% from the recognition of license income and implementation fee from projects in Thailand and Malaysia, as well as, organic growth in recurring outsourcing income

economy growth in 2019, the slowdown of Government’s energy Saving programs promoting the replacement of conventional lamps to LED and the delays of sales revenue recognition resulting from product

Company”) reported consolidated revenue of Baht 408.7 million, decreased by 20.7% compared with quarterly on quarterly (QoQ) due to the decrement of sale volume in B2B customers and slow sale in few

Baht 217.22 million or 23.80% from the 3- months period ended 31 October 2019 of Baht 912.56 million. The decrease in sales revenue were mainly due from Thailand and India operation resulted from an

turnkey projects, pending the full members of owner‘s acceptance committee in place for the final handover inspection, caused delays in revenue recognition to next quarters accordingly. Profit for the