) (8,401) (8,767) 9.0% 4.4% (29,686) (33,282) 12% Network operating expense (5,012) (7,223) (7,366) 47% 2.0% (20,080) (26,929) 34% Other costs of services (2,661) (2,781) (2,830) 6.3% 1.7% (10,566) (10,766
are direct and indirect cost from the establishment of new factories and production line include the quality cost that may impact key customers. 10. Opinion of the Audit Committee and/or Directors on
12,547 12,416 Gross profit margin (%) 22.84% 25.49% 26.48% Consolidated financial ratios 2018 2017 2016 Financial data and profitability ratios (continuous) Operating expense (include Research and
126.9 31.7 Jan 2019 CCE Waste to Energy VSPP 33.33 8.6 2.9 4Q2019 Total 146.7 45.8 OVERALL PERFORMANCE Operating Expense Administrative Expenses decreased from Baht 152.9 million in 2017 to Baht 130.8
baht 10,474 12,123 12,547 Gross profit margin (%) 20.47% 22.84% 25.49% ratiosConsolidated financial 2019 2018 2017 Financial data and profitability ratios (continuous) Operating expense (including
in associates. Cost of service amounted to Baht 10,311 Million representing an increase from the previous year by Baht 536 Million or 5.5 percent mainly from the increase in operating expense, expenses
start to generate revenue Power projects to consume large volume of water utilities OVERALL PERFORMANCE Operating Expense Administrative Expenses increased from Baht 8.8 million to Baht 30.6 million
water utilities OVERALL PERFORMANCE Operating Expense Administrative Expenses increased from Baht 15.8 million to Baht 28.8 million as the Company expanded our business portfolio which led to increase
gross profit margin during the year 2017 was very low. As a result, the increase in total operating expense was higher than those in Q4- 2016. In Q4-2017, the profit of the Company was lower than the