economic slowdown, including the decrease in the demand for leather in the world market. Customers delay orders. 1.2 The company had revenue from the energy business group, which was generated from
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
small decrease in finance costs for the solar energy unit Baht (2) million or (18%). It was since the repayment of long-term borrowing in the solar energy business and short-term borrowings from financial
solar equipment for the solar energy business of the company. Such a transaction happened only in year 2017, no more in year 2018. Selling and administration expenses Selling expenses increased Baht 0 . 3
Baht 83 million or (22%) from Baht 383 million in Q3/2018 to Baht 466 million in Q3/2019. The increase was derived from all business units: engineering service, management service, solar energy, and
million and keep gross profit margin at the same level. 3. Solar energy (“SE”) had gross profit and gross profit margin at the same level. 4. Trading business (“TD had an increase in gross profit for Baht 6
since the repayment of long-term borrowing in the solar energy business. Income tax expense Income tax decreased Baht (1.24) million or (51.4%), which was mainly derived from the overall operating results
“Company”) would like to inform that the Board of Directors no.1/2020 held on 28 February 2020 has resolved to approve in principle on the joint investment in energy business in domestic and international
price and substitution of other raw materials. 1.2 The company’s income from energy business in Q2/2018 was Baht 55.88 million, increased from Q2/2017 the company’s income from energy business was Baht