80.47 Finance costs - Existing businesses 23.05 44.03 (20.98) -47.64% Finance costs - Solar energy 35.69 - 35.69 Profit before income tax 76.34 36.45 Income tax expense 6.29 5.17 Profit for the year 70.04
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
56.90 34.89 Finance costs - Existing businesses 19.63 31.49 (11.86) Finance costs - Solar energy 26.33 1.80 24.52 Profit before income tax 45.84 23.61 22.23 Income tax expense 2.41 4.26 (1.84) Total
. 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
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
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
(1.65) -3% Gross profit margin 14.61% 18.93% Consolidated financial information 4 of 8 Solar Energy Business Revenue from solar energy business increased by Baht 4 .62 million, due to in Q1/17 the group
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
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