solar cell implementation service from Combine Heat and Power Producing Company Limited (CHPP) as well as the increase in maintenance cost leading to a fall in gross profit. The gross profit of the
due to the decreased in revenue from solar cell implementation service from Combine Heat and Power Producing Company Limited (CHPP) as well as the decrease in revenue from chilled water following the
acquisition completion on 26 March 2020 and increased revenue from electricity sales of Ichinoseki Solar Power 1 GK (ISP-1) due to higher light intensity than in Q2/2019. Besides, other income of Combine Heat
million mainly due to the decreased in revenue from Combine Heat and Power Producing Company Limited (CHPP) by Baht 19 million as a result of the lower revenue from solar cell implementation; despite the
Construction contract service (EPC) income of Combine Heat and Power Producing Company Limited (CHPP) as well as the increase in selling electricity of Ichinoseki Solar Power 1 (ISP1). However, the cost of sales
services 51 69 55 8% (20%) 166 177 7% Gross profit 105 245 186 77% (24%) 310 502 62% Gross profit margin 67% 78% 77% 10% (1%) 65% 74% 9% Note: VSPP and others include Combine Heat and Power Producing Company
consolidated financial statement as of 31 March 2020). When combine the transaction size with those occurred in the past six months, the total size is 19.71%. However, AIS has already disclosed information since
the agreement with PTTPL to be EPC for solar rooftop and BESS project On 13th July 2018, Combine Heat and Power Producing Company Limited (CHPP), in which GPSC has hold 100% stake, has signed the
after invest in GS for 40.00 percent of total paid-up capital of GS equal to Baht 48.00 million before purchasing more shares when the conditions accomplished and combine with value of warrants which
from Ichinoseki Solar Power 1 GK (ISP1) and the decrease in revenue of solar cell implementation service from Combine Heat and Power Producing Company Limited (CHPP) following the existing projects. The