sales was 1,711.86 million Baht or at 95.29% of revenue from sales which increased from 93.65% of year 2017 due to higher energy costs and product mix. 3. Selling and administrative expenses increased

tower, design and distribute steel structure according to the drawing, power distribution and heat energy business, construction and tunneling contractor and distribution of industrial products. In the

transaction. None. 11. The Board of Directors‟ opinion. The Board of Directors had approved to invest in IGEN-ENERGY due to beneficial to the company. IGEN-ENERGY expected to book significantly more revenue in

Company reserved for loss from stock devaluation THB 34.83 million included in cost of sales 2.2) Cost of renewable energy increase THB 3.18 million due to year 2017 Solar Power Project on Rooftop of

) Cost of selling of fan increase THB 13.72 million due to the Company reserved for loss from stock devaluation THB 12.79 million included in cost of sales Page 2 of 2 2.2) Cost of renewable energy

price competition and sale volume as well as Baht appreciation which leads to slow down in exporting thus revenue from sales of electricity and thermal energy declined due to shut down of machine for

energy business in Q3/2019 was Baht 90.00 million, decreased from Q3/2018 the company’s income from energy business was Baht 97.30 million. Due to decreased management income. 1.3 The company’s income from

to favorable energy prices. Total expenses were Baht 404.4 million, decreased by 5.2% through budget controlled measurement. However, due to the increment of temporary shutdown expenses and loss from

repayment of payables of solar energy and trade payables of the existing businesses. • Long-term borrowings from financial institutions rose by Baht 295.75 million due to the last drawdown of solar energy

of Baht 1,299.43 million, the decrease in revenue from energy sector by Baht 39.15 million due to raw materials and the decrease in revenue from chemicals by Baht 49.98 million. However, the Company