, increased by Baht 98 million or 1% from Q2/2018. The increase was mainly from the slight gain of revenue from Energy Payment (EP) of Sriracha Power Plant according to more dispatched volume to EGAT. In
Significant Events in Q4/2018 3 On December 18th, 2018, the company submitted a new application to the Energy Regulatory Commission (ERC) for Glow Energy Public Company Limited (GLOW) share acquisition
investment in Pracharath Project for 3 Southern Provinces. Ferrum Energy Co., Ltd. (“Ferrum Energy”) shall invest for this amalgamation. Ferrum Envergy is the subsidiary of Ferrum Capital Co., Ltd. (“Ferrum
expertise engineering team that can support completed solution including all after sales service activities. The group of customers are both of government unit and private companies. Main projects agreed and
(THSI) list. This marks another step for us to be a world-class energy company with outstanding performance on environment, social and governance (ESG) aspects. We wish all stakeholders would continuously
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
areas such as Digital and Business Continuity to provide best in class support to our business segments. Our recent leadership re-organization, 16 distinct business verticals within 3 business segments
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
the financial support to G Steel Public Company Limited (“GSTEL”), the Company’s major shareholder. This financial support was deemed as a connected transaction according to the Notification of the