Thailand PDI reassessed its business structure to move towards Green Businesses targeting renewable energy, materials recycling and eco management. To pursue its business strategy, 36 MW solar farms in
investors. The proceeds will be used to support financing of Rayong Waste to Energy (WTE) project and solar power plant projects as parts of GPSC’s plan to scale up our renewable businesses. GPSC’s senior
/sales. This quarter, the Company has gain on sale of investments in subsidiaries of Baht 474 million. Gain from sale of investments is caused by the disposal of 51% of investments in Delta Energy Systems
domestic sales 24.2% and export sales 75.8%. Gross profit was down from 33.6% to 25.8% due to low margin sale to B2B coupled with the increase in raw material and energy costs. Total expense was Baht 504.6
. Sales contributions were from domestic sales 24.2% and export sales 75.8%. Gross profit was down from 34.3% to 30.2% due to B2B domestic sales in 2Q18 coupled with the increase in energy costs and Thai
energy business for the year2019 in the amount of Baht 343.70 million, increased from the year2018 the company’s income from energy business was Baht 247.43 million. Since the company started to have
the first quarter of 2018, the company had a gain from the sale non-current assets held for sale in the amount of Baht 32.02 million. 1.2 The company’s income from energy business in Q1/2019 was Baht
client. Moreover, gross profit margin increased from 5.1% to 7.0%. 3. Gross profit of Solar energy (“SE”) increased Baht 2 million, which mainly comes from increase in revenue. In addition, gross profit
decreased amounting to 79.49 Million Baht, accounting for 42.23%, as the average selling price decreased 14.63% from previous year because the board of National Energy Policy office has adjusted LPG selling
of Profit, a 12.6% increase from 2018 mainly due to newly COD of GNLL2 and solid operation of other SPPs. Renewable Energy For 2019, Solar Rooftop Projects (8.9 Equity MW) generated Baht 10.2 million