Collinsville Solar Power Project on December 12, 2018 and March 21, 2019, respectively, and the acquisition of RATCH Cogeneration Company Limited on October 1, 2019.These resulted in the increase in revenue from
. However, the increase in costs is mainly due to investments to build the foundation for future business growth, while some investments cannot generate revenue immediately, and some investments are not fully
revenue is from long-term PPA with state enterprises which has no direct impact from COVID-19 while revenue from industrial users (IUs) remains stable y-on-y in Q1’2020, thanks to portfolio diversification
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