institutions has become very strict and loan rejection rate has been rising. In addition, the projects developed by the Company are large-scale, resulting in an increase inventory. The Company, therefore
backlog projects that getting award on 2016, including new projects of 2017 such as Cold Water Generation Plant project (PTT LNG Cold Water) which contract total amount is 642.40 Million Baht, and Wangnoi
remaining of ongoing projects from backlog of 2017 which main income such as PTT TANK project, PTT LNG Cold Water project, and PTT Wangnoi Compressor Station project (PTT WCS). The proportion of revenue
and in budget for 26 consecutive projects during the last 7 years. Investment in the industrial waste to energy power plant project In January 2018, B.Grimm Power announced the investment in the
2016, since in 2017, the Company received large-scale projects that delayed from previous auctions such as internet for village project or internet for public domain, which is a high value project but
from construction income is 23.88 million baht, while in the year 2018, revenue was 59.13 million baht, a decrease of 35.25 million baht or 59.61% decrease. There are only 3 projects under construction
Discussion and Analysis EXECUTIVE SUMMARY SIGNIFICANT EVENTS ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 Issuance of