) Administrative expenses 28.47 27.28 1.19 Earnings before interest and tax 31.89 19.15 12.74 Finance costs - Existing businesses 4.33 9.63 (5.30) Finance costs - Solar energy 9.57 1.80 7.77 Profit before income tax
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
. 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
....................................................................................................................................... 7 Solar energy .................................................................................................................................................... 8 Other income and fixed cost
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
margin 17.05% 16.36% Other income 0.10 3.51 (3.41) -97.04% Selling expenses 1.41 1.78 (0.36) -20.35% Administrative expenses 27.85 22.39 5.46 24.37% Earnings before interest and tax 40.15 36.83 Finance
project site location and rendering of related services to clients who operate 17 solar power projects in Thailand, and (2) revenues from the sale of electricity from its own solar power project operated by
electrical generating capacity. 4.1.8 Glow Energy Solar plant located in Asia Industrial Estate with 1.55 MW electrical generating capacity by photovoltaic technology (solar cells). Chart of GLOW’s
capacity by photovoltaic technology (solar cells). Chart of GLOW’s Organization Structure as at 31 December 2017 (Translation) 8 GLOW’s Investment in Subsidiaries Subsidiaries Direct and indirect