sales related to generation and distribution of electricity under SAAM-SP1 mainly includes (1) depreciation expense for the solar power project, (2) operation and maintenance, and (3) other costs such as
. - Service income and rental income In Quarter 2 of 2020, SAAM Group’s service and rental income, representing stable income generation from long-term contracts with customers operating solar power projects in
related to generation and distribution of electricity under SAAM-SP1 mainly includes (1) depreciation expense for the solar power project, (2) operation and maintenance, and (3) other costs such as utility
– Non-operating income / (expense) B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis Q1’19 Q4’19 Q1’20 change change Btmn Btmn Btmn y-on-y q-on-q Electricity sales Sales to EGAT
. - Service and rental income In Quarter 1 of 2019, SAAM Group’s service and rental income, representing stable income generation from long-term contracts with customers operating solar power projects in
Quarter 2 of 2019, SAAM Group’s service and rental income, representing stable income generation from long-term contracts with clients operating solar power projects in Thailand, amounted to THB 27.46
-recurring income / (expense) B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis Q1’2017 Q1’2018 % change Q4’2017 Q1’2018 % change million Baht million Baht y-on-y million Baht million
314 million in Q3’2018), primarily due to an increase in SG&A arising from the new power plants described previously. COST STRUCTURE FINANCIAL PERFORMANCE 6 9M’2017 9M’2018 % change Q2’2018 Q3’2018
REVENUE STRUCTURE FINANCIAL PERFORMANCE 4 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis Table 1) Revenue Drivers: Sales volume 6M'2017 6M'2018 % change Q1’2018 Q2'2018 % change
: * Normalized net profit = Net profit – Unrealized gain / (loss) from FX – Non-recurring income / (expense) B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis 2017 2018 % change Q3’2018