33.7 Mn in 2017, an increase of THB 25.0 Mn or 287.4%. This increase was mainly due to (1) the increase in construction fees collected from franchisees during the setup phase and (2) increased in rebate
supported by an increase in capacity from the investment in Phase 3 at the new plant, and the appreciation of the Baht. Cost of Sales and Gross Profit The profit margin increased slightly Q-o-Q, but dropped Y
other 3 buildings are still under development. Expected to be completed in 2020. Project the Award Patong Phuket provice, phase 1, which is a condominium unit for sale. Phase 2 is still under development
Phase V according to process of the work's success. As a result, the operating results for the twelve months ended 31 December 2019 are as follows: - Sales increased from 346.16 million Baht in the year
was mainly due to (1) the increase in net construction fees collected from franchisees during the setup phase which itself was related to the opening of new franchise branches and (2) increased rebate
million Baht respectively. In 2019, the Company’s revenues and gross profits from the business increased mainly from the data center construction projects and USO (Phase 2) project, resulting in higher
cause the gas turbine of Phase 1 to stop operating in Q3/2017. This also caused the decline in gross profit for Baht 111 million or 69% from Q2/2017. “Electricity Sales Volume increased at Rayong Central
production capacity of Phase 1 and 2 was expanded, which led to solid revenue growth and profitability. We experienced a number of challenging factors that occurred at the same time, such as production of new
revenue in Q4/2017 increased by 295% due to the COD of both Phase 1 and Phase 2 as well as the continuous operation of gas turbine in Q4/2017 unlike Q3/2017 in which the gas turbine of Phase 1 was ceased
revenue of THB 3,818.1 million, increased 48.2% from the ended of the year 2018 as a result of commercially available for two hotels as part of the Project CROSSROADS Phase 1 which commenced the operation