decrease was derived from engineering service, solar energy, and Trading business. • Overall gross profit margin decreased from 13.3% to 9.1% amount Baht (24.09) million. 2019 2018 Revenue 383.44 443.08
management service of Baht 19. 55 million and reduction of revenue from construction service of Baht 55. 01 million, whereas revenue from solar energy began to recognize in 2017 amounted to Baht 63.88 million
there is no opening project cost in this period and increase in revenue Bath 32 million. 3. Gross profit of Solar energy (“SE”) increased Baht 1 million and the same level of gross profit margin. 4
increase in gross profit for Baht 4 million. Main reason was both client retention and new client. Moreover, gross profit margin increased from 8.9% to 9.4%. 3. Both gross profit and revenue of Solar energy
increased Baht 104 million as the following reasons: • Total revenue increased Baht 167 million or (10%) from Baht 1,673 million in 2018 to Baht 1,839 million in 2019. The increase was derived from all
quarter, the Company started to recognize revenue from Power Business (Solar Rooftop Projects) at Baht 1.4 million. Gross Profit and Gross Profit from Operation In 1Q2019, Gross Profit was Baht 183.4
, an increase of 4.43 million baht or 8.89% due to the company requesting to replace the solar panel, increasing the production capacity. 1.3 Revenue from the banquet halls and restaurants amounted to
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
Baht 81.76 million, whereas net profit of Baht 161.84 million in the same period of prior year, mainly results from; 1. Revenue from sales increased by Baht 103.76 million because the Company has Revenue
from Baht 475.1 million in 2Q2019 due to a decrease of Other Utilities Revenue by 95.7% YoY and Operating Revenue of Utilities business by 7.9% YoY despite an increase of Solar rooftop project revenue by