small decrease in finance costs for the solar energy unit Baht (2) million or (18%). It was since the repayment of long-term borrowing in the solar energy business and short-term borrowings from financial

Solar Energy Business 131.23 121.16 10.07 8.31 Cost of sales and services 198.74 137.74 61.00 44.29 Printing Business 147.84 88.57 59.27 66.92 Solar Energy Business 50.90 49.17 1.73 3.52 Gross Profit

policy. Finance costs The company had a small decrease in finance costs for the solar energy unit Baht (1) million or (7.1%). It was since the repayment of long-term borrowing in the solar energy business

solar energy unit Baht (4) million or (6%). It was since the repayment of long-term borrowing in the solar energy business. Income tax expense Income tax increased Baht 4 million which was mainly derived

) EPCO Green Power Plus (EPCOG) Lopburi Solar ( Lopburi ) 5 MW Prachin Solar ( PS ) 5 MW EPCO Engineering (EE) APEX ENERGY (APEX) STC ENERGY (STCE) SSUT (240 MW) PPTC (120 MW) TAC THAT SIRI EPCO Energy

or 7.2% in Q1/2018 to 5.9% in Q1/2019 due to decrease in staff cost. Finance costs The company had a small decrease in finance costs for the solar energy unit Baht (1.09) million or (8.1%). It was

cost for the solar energy unit Baht (0.28) million. It was since the repayment of long-term borrowing in the solar energy business. Income tax Income tax decreased Baht (2.22) million, which was mainly

Padaeng Industry Public Company Limited and its subsidiaries ( “ the Company” ) reassessed its business structure to move towards Green Businesses targeting renewable energy and real estate business. To

the acquisition of CR Solar Co., Ltd. As the Company has lent the money in the amount of Baht 50,000,000 (Fifty Million) to Inter Far East Energy Corporation Public Company Limited ("IFEC") pursuant to

move towards Green Businesses targeting renewable energy, material recycling and eco management. To pursue its business strategy, 36 MW solar farms in Thailand have been acquired in late 2016 and during