Transaction The Board of Directors considered that doing this transaction is appropriate and useful to the Company and the shareholders. Because it is expanded to business related to core business of the
of the Board of Directors on Doing the Transaction The Board of Directors considered that doing this transaction is appropriate and useful to the Company and the shareholders. Because it is expanded to
Audit Committee has considered the transaction and has opinion that the transaction is necessary and reasonable because the return on their investment is not satisfied and technology is very important in
million bath because the company has recognized the interest expenses from the projects which were not classified as capitalized expense in 2017. From these reasons, net profit of the company was 1,232.02
(compared to 22.65% of the same period of previous year). The profit margin increased from the same period of previous year mainly because the significant growth in revenue. The Company had lower proportion
income increased more than 100% because, on February 15, 2560, the Company agreed to sell the investment assets of 23 rai, at the price of Baht 38 million, resulting in a gain on sales of Baht 24.96
Administrative Expenses In 2017 and 2016, total selling and administrative expenses of the Company increased 23%, due to the Company increased in loss on exchange rate because of Baht strength 3.53%, allowance for
rate, it was increased from 6.36% to 11.16% because mainly revenue recognition of the year 2017 was substations construction projects that caused high gross profit rate while last year was renewable
, respectively. The increase of Baht 3.8 million mainly came from sales of Biomass Power Plants which increased by Baht 46.1 million or 7.4 percent. The reason of increase is because of lower planned-shutdown of
because of the significant slowdown in electric vehicle business, As a results of the above reasons, gross margin has remain at 23.0%, same as last quarter and went up from 21.8% from the same quarter of