(Decreased) % Assets Current assets Cash and cash equivalents 8.54 31.33 (22.79) (72.74) Trade and other current receivables 224.54 186.08 38.46 20.67 Contract assets 518.21 564.88 (46.67) (8.26) Inventories
reassessed its business structure to move towards Green Businesses targeting renewable energy, materials recycling and eco management. To pursue its business strategy, 36 MW solar farms in Thailand have been
current investment which is cash received from the private placement capital increase in Q1/2018. 2. Cost of sale , Profit margin In Q1/2018 the company had cost of sale Baht 78.13 million compare with the
• Total cost of goods sold decreased by 5.0% which was in line with the decrement of sales value. Additionally, cost per unit was slightly decreased due to the decrement of energy cost • Shutdown expenses
of the year 2017. The significant decreasing came from the reduction of the revenue construction works of renewable energy power plants projects in private sector according to industrial sector was
energy costs. Total expenses were Baht 426.8 million, increased by 7.1% mainly due to writing-off obsolete assets caused by the temporary shutdown of furnace for scheduled maintenance. Expense for the
current period. These factors are likely to impact the results of Q3 2019 but with the completion of Government formation process, discussions on providing stimulus to revive the economy and enforcement of
2nd Quarter 2019 • Total cost of goods sold decreased by 20.8% which was in line with the decrement of sales value. However, unit cost of product was slightly increased due to the increment of energy
domestic sales 24.2% and export sales 75.8%. Gross profit was down from 33.6% to 25.8% due to low margin sale to B2B coupled with the increase in raw material and energy costs. Total expense was Baht 504.6
. Sales contributions were from domestic sales 24.2% and export sales 75.8%. Gross profit was down from 34.3% to 30.2% due to B2B domestic sales in 2Q18 coupled with the increase in energy costs and Thai