still has carried on offering new products continuously which is an innovation of power saving in Air Conditioner (WATER INT PAD: Water Intelligent). In addition the Company still development quality of
quarter of 2019 continued to expand driven mainly by domestic demands. Private consumption expanded in all categories supported by the improvement in purchasing power from the rise in farm and non-farm
amounting of Baht 89.84 million and we start to recognize some revenue in this quarter moreover the Company still has carried on offering new products continuously which is an innovation of power saving in
reducing the rental fees for a certain period. Residential and Others The residential segment has slowed down before COVID-19 due to the Loan-to-Value (LTV) measures and reduction in purchasing power of
for the objectives of the Company to be clear, covering the business, and in accordance with the operations that the Company has invested in the power generation project with the 2 MW on the Solar Farm
-Wallet usages, and the increase in number of competitors’ kiosks, as well as a decrease of the middle-to-low income population’s purchasing power. The details of total revenue are as follows: 1) Income
to long-term shareholder value generation laying the foundations of future improved results via new product development (introduction of dolomitic product line) and cost saving measures (Solar project
operators and the lower of purchasing power of middle-low income. The QoQ declined was due to the number of days in 1Q19 less than previous quarter for 2 days. For more information, the average mobile top up
Heat and Power Producing Company Limited (CHPP) in Q1/2018 increased by Baht 9 million or 46% from Q4/2017 due to the increase in revenue from selling chilled water since the temperature was higher in Q1
Page 2 Management Discussion and Analysis 1. Power Industry and Competition 1.1 Electricity industry and Economic situation in Thailand Thailand’s economy expanded by 2.4 percent in 2019, lower than 2018