. 2.1.2 The profit of Navanakorn Electricity Generating Company Limited, a joint venture, in a portion of 40 percent, increased in the amount of Baht 35.87 million since the power plant has commenced

the cost of electricity production is about 9 million baht. Cost from water quality improvement 5 million baht. Gross Profit Margin Gross profit for the second quarter of 2019 of 75.32 million baht in

increase in tax profit of Ratchaburi Electricity Generating Company Limited, in the 3 rd quarter of 2017, in the amount of Baht 66.13 million. Management Discussion and Analysis For the Three-month and Nine

of Advanced Connection Corporation Public Company Limited (“the Company”) and its subsidiaries for the 3-month ended March 31, 2019, appear as comprehensive operating net Profit of the Company THB 4.13

-year power purchase agreement with the Republic of Indonesia’s electricity authority, PT PLN (PERSERO). The Project is expected to commence commercial operation in 2021. Management Discussion and

service of electricity engineering. • Property, plant and equipment has increased Baht 30.22 million, as a result of assets for solar energy. • Restricted cash decreased by Baht 6 5 . 2 4 million because

increasing in some expenses such as maintenance. However, gross profit margin just slightly dropped to 58.17% since the company was able to save the electricity cost from stop transferring water from

% ( Total consolidated sales and services income excluding construction revenue under concession agreement of 2,100.73 million Baht, decreased by 121.19 million Baht or 5.45%) and Net profit attributable to

147.9 -1% Cost of Sales and Services (29.3) (28.7) 2% (84.3) (73.7) 14% Gross Profit 28.1 25.6 10% 62.6 74.2 -16% EBITDA 35.6 22.4 59% 55.6 59.8 -7% EBIT 31.6 18.5 71% 43.8 49.1 -11% Net Profit 28.4 19.3

subsidiary for 2nd quarter of 2019 ended 30 June 2019. The company net profit of Baht 47.19 million when compared with the same period of year 2018 posted net loss of Baht 10.49 million due to the following