% because of intense competition in domestic market resulted the selling price increased slower than increasing in cost of goods sold. 4. Selling expenses were Baht 180.62 million, increased Baht 23.57
with Q1/ 2023 , The reason of decreased in sales revenue due to the economic slowdown and more intense competition. Cost of Sales for Q1 / 2024 and Q1 / 2023 was 3 3 0 .4 7 million baht and 4 3 2 .1 9
fewer solar panels and equipment due to intense competition. 1.2 Revenues from Financing amount 9.27 million baht increase 3.78 million baht or increase 68.77% because in the third quarter of 2024, the
some periods in the quarter, the retail price was incongruous with the product cost. As for the industrial marketing, it dipped from intense market competition. Power Plant Business Group recorded
Distribution Business, revenue declined in relation to lower sales volume in YoY and QoQ. Mainly, attributed to the intense competition within the Ethanol business from the total national production of Ethanol
Million Baht (56%) from Q2/2016. The main causes for the lower net profit are economic in Thailand have not yet recover and intense competition. Discussion and Analysis of the Company and its subsidiaries
recovery, competition for available projects are more intense. Discussion and Analysis of the Company and its subsidiaries Operational Results in 2017 and 2016 Corporate Revenue In 2017 the Company and its
prohibited period to be major shareholder clause 4 (4)(5)(6)(7)(8) or (9) of the Notification of the Ministry of Finance minimal moderate intense one year three years five years clause 4 (10) of the
from Baht 1,468.6 million by the year-end 2016, or increased by Baht 34.7 million or 2.4% due to the increase short-term loans from financial institutions. Equities As of 30 September 2017, the company