. 2.2 The cost of renewable energy amounted to 7.67 million baht, a decrease of 0.48 million baht or 5.87 percent due to the depreciation from the reduction of cost of solar panels and machinery. This was
service of electricity engineering. • Property, plant and equipment has increased Baht 30.22 million, as a result of assets for solar energy. • Restricted cash decreased by Baht 6 5 . 2 4 million because
No.IFECSorNorBor20170046 5 July, 2017 Subject Asset Disposition of Subsidiary of Inter Far East Energy Corporation Public Company Limited Addressed To President of the Stock Exchange of Thailand In
. 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
service of electricity engineering. • Property, plant and equipment has increased Baht 30.22 million, as a result of assets for solar energy. • Restricted cash decreased by Baht 6 5 . 2 4 million because
decrease was derived from engineering service, solar energy, and Trading business. • Overall gross profit margin decreased from 13.3% to 9.1% amount Baht (24.09) million. 2019 2018 Revenue 383.44 443.08
Energy Corporation Public Company Limited, or “The Company”, being a listed company in the Stock Exchange of Thailand; the resolution of the Board of Directors’ Meeting No. 9/2017, held on June 30th of
....................................................................................................................................... 7 Solar energy .................................................................................................................................................... 8 Other income and fixed cost
costs - Existing businesses 4.80 8.82 (4.02) -45.60% Finance costs - Solar energy 8.64 9.29 (0.66) -7.06% Profit before income tax 26.72 18.71 Income tax expense 2.41 1.42 Profit for the year 24.30 17.29
2.13 (0.24) -11% Administrative expenses 60.69 52.29 8.40 16% Earnings before interest and tax 66.02 59.91 Finance costs - Main businesses 9.87 15.30 (5.42) -35% Finance costs - Solar energy 18.05 16.76