–2020, the company’s total revenue significantly increased from Q2–2020 and Q3–2019, representing an increase of 1,053.5 MB or 88.7% and 442.2 MB or 24.6%, respectively. This is because in Q3–2020, the
scheduled in PPA while the construction cost was also in line with the budget approved by shareholders. This achievement would enable us to keep record of managing the project to commence COD in time and in
higher gross margin that can be covered the increased SG&A expenses. Operating Results and Capabilities to Make Profit Performance from revenues, costs and expenses which has significant impact in Q2-2020
have the scheduled COD by June 2019. B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis KEY FINANCIAL HIGHLIGHT Sales and Service Income • Sales and service income increased 16.2
revenue, this is because the gross margin of the delivered project in Q1– 2019 is higher than its in Q1–2020. In addition, selling and administrative expenses in Q1–2020 slightly increased from Q1–2019
profit of the year 2020 has changed in the opposite direction of the decreased in total revenue. It increased 0.6% from the year 2019. This is because the Company had an increased in finance income which
with the budget approved by the lenders. This achievement would enable us to keep record of managing the project to commence COD in time and in budget for 25 consecutive projects during the last 6 years
scheduled in PPA, and construction cost is in line with the budget approved by lenders. This achievement would enable us to keep record of managing the project to commence COD in time and in budget for 27
to achieve COD as scheduled in PPA, and construction cost is in line with the budget approved by lenders. This achievement would enable us to keep record of managing the project to commence COD in time