renew the management service contracts with appropriate profit margin only. 2. Solar energy which is a new business has higher gross profit margin than 2 existing businesses. Consequently, overall gross
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
. Nonetheless, the group’ s operating profit margin has increased because 1. Management renew the management service contracts with appropriate profit margin only; 2. Solar energy which is a new business has
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
increase in gross profit for Baht 4 million. Main reason was both client retention and new client. Moreover, gross profit margin increased from 8.9% to 9.4%. 3. Both gross profit and revenue of Solar energy
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
million and keep gross profit margin at the same level. 3. Solar energy (“SE”) had gross profit and gross profit margin at the same level. 4. Trading business (“TD had an increase in gross profit for Baht 6
million. due to the following reasons: 1. In 2018, Management put emphasis on renewing the contracts with more margin projects. 2 . Solar energy began to recognize revenue for the whole six-month month
there is no opening project cost in this period and increase in revenue Bath 32 million. 3. Gross profit of Solar energy (“SE”) increased Baht 1 million and the same level of gross profit margin. 4