0.5% in domestic business. However, the domestic operation still showed a recovery quarter- on-quarter, with a growth of 4.7% from the 2Q/2019. Overseas sales were THB 1,780 million, increased by THB

startup firms for enhancement of our business capabilities to achieve sustainable growth while maintaining our market leadership over the long term. Guided by our core strategies of “Customer Centricity

, the Company has extended its business to the area of concert organization and the income obtained from the sales of Hinoki wood. Upon the setoff with the total cost of 42.75 Million Baht comprising the

business. Similarly, private investment sector was slowdown regarding to the concern about uncertain government spending except in the electronics group that moved production base from abroad and the

in the fourth quarter of 2017. PERFORMANCE BY BUSINESS Rental Properties Business 2016 2017 Increase/(Decrease) THB mm THB mm THB mm % Rental Revenue 1,688.7 1,148.3 (540.4) (32.0%) Gross Profit

, normalized share of profit from associates and joint ventures in power business increased by 41.7%, according to the number of days in operation of GHECO-One compared to the previous year that had a planned

target group of customers can maintain their purchasing power. For recurring income business, in November 2019, the Company kicked off the construction of “Hotel Kitch”, a 72-room hotel that will be

sole off-taker of wholesale power generation in South Korea, through the Korea Power Exchange (KPX). Gangdong also sells thermal energy, and receive renewable credits in the form of Renewable Energy

Corporation (KEPCO), the sole off-taker of wholesale power generation in South Korea, through the Korea Power Exchange (KPX). Gangdong also sells thermal energy, and receive renewable credits in the form of

structures for overseas business expansion in the future. The incident adversely affected international sales especially revenue from China that did not meet the expectations. Nevertheless, during September