Investments 3Q'19 3Q'18 % YTD YTD % Change 2019 2018 Change Share of Profit from Investments 418.5 547.3 -23.5% 1,510.4 1,453.4 3.9% - Utilities Business 0.1 - N/A 0.1 - N/A - Power Business 418.4 547.3 -23.6
expansion and the inclusion of administrative expenses of the new power plants. 7 2.3) Non-operating items 6M'2016 6M'2017 change million Baht million Baht % Share of profit (loss) of associates and JV 102
profit margins of 31.1% and 33.6%, respectively. Gross profits Unit: THB million 3-month period ending Change 6-month period ending Change 30 Jun 16 30 Jun 17 Amount % 30 Jun 16 30 Jun 17 Amount % Branded
million or 51.4% on the back of both domestic and overseas sales. Revenue from sales Unit: THB million 3-month period ending Change 6-month period ending Change 30 Jun 16 30 Jun 17 Amount % 30 Jun 16 30 Jun
%, correspondingly. Such reduction in gross profit margin was caused by change in product mix, rise in production costs and increase in packaging cost purchased from external party. Gross profits margin from domestic
Q1’19 Q4’19 Q1’20 change change Btmn Btmn Btmn y-on-y q-on-q Other revenues 48 136 92 91.7% (32.4%) Share of profit (loss) of associates 30 24 27 (10.0%) 12.5% Gain (Loss) on exchange rate 11 (15) (213) n
: * Normalized net profit = Net profit – Unrealized gain / (loss) from FX – Non-recurring income / (expense) B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis 2017 2018 % change Q3’2018
) ** Normalized net profit = Net profit – Unrealized gain / (loss) from FX – Non-operating income / (expense) B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis 2018 2019 change Q4’18 Q3’19
Equity (Times) 0.90 n.a. Cash Flow (Unit: Baht Million) 6M/2018 6M/2017 % Change Profit (loss) from operating activities before changes in operating assets and liabilities 138 325 -58% Profit (loss) from
value will be realized in profit and loss statement in such period. In 1Q2020, the significant change in fair value of derivatives the Company has was from the conversion option embedded in convertible