acquisition of GLOW, which increased net profit by Baht 238 million. In addition, the company received dividend income from Ratchaburi Power Company Limited (RPCL) for Baht 72 million. Normalized net profit
% Interest income and dividend income 51 44 45 -12% 2% 137 144 5% Other income 62 236 238 283% 1% 213 644 202% Selling and administrative expenses (1,473) (1,648) (1,785) 21% 8% (4,118) (4,874) 18% Gain (loss
the same level, slightly increased. Moreover, there were major overhaul maintenance of Sriracha plant and planned maintenance of IRPC-CP, plus the drop in dividend income from Ratchaburi Power Company
11.9 percent from Baht 1,107.20 million in the 3 rd quarter of 2016. The decrease was from the recognition of lease receivable, in accordance with the Effective Interest Method. 2.4 Income Tax Expense
recent bonds with lower interest rate. PERFORMANCE BY BUSINESS Rental Properties Business Q2 2018 Q2 2019 Increase/(Decrease) 1H 2018 1H 2019 Increase/(Decrease) THB mm THB mm THB mm % THB mm THB mm THB mm
% 13.5% EBITDA 444 507 501 -1.2% 12.9% EBIT 333 384 380 -1.1% 14.1% Interest expenses 25 15 18 18.6% -27.8% Tax 83 82 76 -7.3% -8.6% Net profit1 202 261 260 -0.4% 28.8% Gross profit margin 60.4% 63.6% 55.5
% 40,674 38.3% (1,050) (2.6%) Revenue from rental services 2,485 2.6% 3,413 3.2% (928) (27.2%) Revenue from rendering of services 537 0.6% 796 0.7% (259) (32.6%) Interest income and dividend income 157 0.2
was equal to 26.3 MB which it was the payment of interest from late payment of a large trade receivable. - 2 - Topic Annual Balance Change 2020 2019 2020 VS 2019 (MB) (MB) % Sales and Services Income
for the principal repayment period no longer than six months at the interest rate of 12.5 percent per year. The GJS Board of Directors approved the loan proposal on 16 March 2017. The GJS Board