year mainly due to: 1.1) Revenue from selling of electricity increase 23.91 million baht or 100% due to the Company recognized revenue from Saraburi Solar Farm Project. 1.2) Revenue from Sales decrease
. 68 million to Baht 1,580.25 million, which is increased by 11.94% due to additional revenue of engineering service in 2017 and revenue from solar energy began to recognize in 2017. Statement of
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
, GNLL2, Industrial waste-to-energy power plant (Chonburi Clean Energy (CCE)) and Solar Rooftop. Moreover, the Gheco One Power Plant also generated higher revenue from availability payment since there was
service of Baht 10. 93 million, whereas revenue from solar energy began to recognize in 2017 amounted to Baht 94.62 million. Nonetheless, the group’ s operating profit margin has increased because 1
projects, despite an increase in Revenue from Solar rooftop projects. While Gross Profit decreased in higher magnitude mainly as a result of lower Excessive Charge as additional factor apart from
reasons: 1. In 2018, Management focused on renewing the contracts with appropriate profit margin. 2. The revenue of engineering service increased. 3. Solar energy began to recognize revenue for the whole
service of Baht 10. 93 million, whereas revenue from solar energy began to recognize in 2017 amounted to Baht 94.62 million. Nonetheless, the group’ s operating profit margin has increased because 1
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
increased by Baht 53 million mainly due to the increased in revenue from selling electricity of Ichinoseki Solar Power 1 GK (ISP1), resulting from lower snowfall compared to Q1/2019, and the increased in