Power Plants generated Baht 334.4 million of Normalized Share of Profit and Dividend, a 6.8% decrease from 3Q2017 mainly from GHECO-One had lower Availability Payment Rate compared with the same period of

(YoY), net profit decreased by Baht 115 Million or 12.3 percent mainly from the decrease in revenue from the effect of COVID-19 outbreak in the year 2020 whereas there was an increase in expenses related

to Q1/2020 decreased by 1.9% from 35.3% to 33.4%, mainly from the decrease in gross profit margin of Biomass Power Plants. The decrease is resulted from the new biomass power plants, which the Group

year. 1.8 Income tax expense For the year ended 31st March 2019, the Company and its subsidiaries had corporate tax of Baht 49.38 million or decrease by 27.3 percent due to the lower in operating profit

development expenses. For the year 2018, SAAM Group presented gross profit of THB 50.94 million, representing gross profit margin of 71.22%, a THB 0.41 million or 0.57% decrease from the previous year (2017

. This was due to revenue from sales was increased slightly and a decrease in unit price. In addition, the increase in cost of sales and erection’s cost was affected to decrease in gross profit. (5

margin decreased from the previous year mainly due to a decrease in gross profit from services and development business from additional related costs in developing renewable energy business overseas in

2017 the Company organized such event in the fourth quarter (during November), resulting in a decrease in net profit ratio (ROS) from 20.16% in 2017 to 17.16% in 2018, for the same period. The total

result of the decrease in gross profit and expenses of new accounting standard adoption as mentioned above; however, the Company is still able to control service and administrative expenses and decrease

Company has more advertising in various media in order to publicize and promote the content, resulting in a decrease in net profit ratio (ROS) from 16.24% in 2017 to 16.00% in 2018. The total expense to