or 6.94% compared to Q2/2017 (If excluding construction revenue under concession agreement of 1,980.48 million Baht, the total consolidated sales and services income would decrease by 120.25 million

% from the revenue from services business of Baht 961.48 million of 1st quarter of year 2018. The significant decreasing came from the reduction of the revenue from construction works of substation

15.89% from the revenue from services business of Baht 960.60 million of 2nd quarter of year 2018. The significant decreasing came from the reduction of the revenue from construction works of substation

million or 22.31% from the revenue from services business of Baht 840.34 million of 3rd quarter of year 2018. The significant decreasing came from the reduction of the revenue from construction works of

3,358.62 million of the year 2018. The significant decreasing came from the reduction of the revenues from construction works of substation, communication system works, renewable energy plant. The revenues

1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE For

for construction was at 0.226 MT. Overview of Hot Rolled Steel in Thailand The Hot Rolled Steel production for 2019 was at 2.63 MT, decreasing 22.11% consisting of thin gauge at 2.50 MT, decreasing

expanding construction business group supporting the EEC project. In terms of economic stability, employment rate decreased following to the economic situation while the cost of production reduced, especially

% Revenue from finance lease under power purchase agreement 102.9 102.8 103.2 0.4% 0.3% 308.4 306.9 (0.5%) Revenue from construction under a concession arrangement 21.2 398.1 215.0 (46.0%) 914.2% 89.7 744.4

the cost of sales varies according to the increase in revenue while the Company’s subsidiaries cost of sales was increased due to its production could not utilized full capacity. (3) Gross profit The