developers in Vietnam with total installed capacity of 677 MW. Projects under construction are on track Solar WVO-Cooperatives Projects with total installed capacity of 31 MW have 82.8% construction progress
Agencies and Agricultural Cooperatives’ Solar Farm Projects B.E. 2560 (2017) announced by ERC dated April 28, 2017 (“Notification”), we were selected to be a co-investor in 8 solar farm projects with a total
and Agricultural Cooperatives, and the Equipment trading project of Krungthai Bank; Firewall, Network, Network MGT, IPS and VPN. Therefore, the total revenue significantly increased from Q4–2018. - 3
for Agriculture and Agricultural Cooperatives, which those are still in process but not yet complete according to the achievement stage, therefore those projects cannot be delivered. In additional, the
Electricity Authority and Provincial Electricity Authority) regarding the state agencies’ and agricultural cooperatives’ solar farm projects B.E. 2560 (2017) on November 3, 2017. From a total of 35 qualified
with revenue contributions from these 3 SPP power plants. Commercial operation of 7 Solar WVO-Coop Total 7 solar of WVO and Agricultural Cooperatives projects have achieved COD in December 2018 with a
-Cooperatives Projects with an installed capacity of 31 MW have 43.8% construction progress and target to commence COD on December 30, 2018. These projects will start to record revenue in the beginning of next
Solar Cooperatives project on 30 December 2016 which is also the cause of the deprecation and amortization expenses to be higher in 1H/2017 than in 1H/2016. Finance costs In Q2/2017, finance costs were
start of revenue recognition from CHPP Solar Cooperatives project which started Commercial Operation Date (COD) on 30 December 2016. Gross profit for 9 months in 2017 increased by Baht 28 million or 43