1,1161.88 Baht/ton in Q1’2019) as the consolidation of steam revenue from SPP1 in March 2019. Electricity Sales to PEA and MEA • Electricity sales to PEA increased 866.7% y-on-y (Baht 18 million in Q1’2018 to
from raw materials prices and selling expenses decreased 1.08 million Baht or 4.22%, i.e. the export expenses increased due to the merger of transport companies. Administrative expenses decreased 4.27
increased by 18.40 million Baht or 2.70%, mainly came from raw materials prices and selling expenses increased 3.65 million Baht or 16.56%, i.e. the export expenses increased due to the merger of transport
Limited Cash Flow from Investment in 2017, the Company posted cash outflow of 713.4 million Baht as a result of merger and acquisition of new business and Property, building and equipment. Cash Flow from
of Baht 2.98 million or 48.63 % decrease since in 2019, the company needed to pay interest for the convertible bond as a result of a subsidiary merger of which the investment amount had been later
to a merger. We also acquired a new customer with substantial renewable user licenses. Both clients have signed long term contracts. Therefore, our company is confident our recurring incomes will
Consolidation Project of PEA (ITiDC) and the New Network SDN Project of Government Savings Bank, which those are still in process but have not yet completed according to the achievement stage. Advance payment for
consolidation of BGYSP after raising stake from 49.0% to 100.0% in Q3’2018. However, Q4'2018 revenue decreased from the previous quarter mainly from the tariff decline after annual electricity sales achieved the
million, primarily due to 1) the revenue from the 10.8 MW Solar WVO - COOP projects which started commercial operation in December 2018 and 2) the consolidation of BGYSP after raising stake from 49.0% to
% y-on-y in 6M’2019 to Baht 355 million, primarily due to 1) the consolidation of BGYSP after raising stake from 49.0% to 100.0% in Q3’2018 and 2) the revenue from the 10.8 MW Solar WVO - COOP projects