reason is that Thai Baht strengthen against US Dollar which the Company exports the products is the majority. Detail of Domestic and Export Sales 2018 9102 selaS tropxE ClnnSd swSSE cpxn (RKI) 354.29
(especially China), causing The competition is very high in term of price while the economy is in recession and the company is still losing money from the exchange rate compared to the US dollar (the company's
budget. The projects already contributed Baht 183 million revenue in Q2’19 based on the 20-year PPA with Electricity of Vietnam (EVN) with tariff of USD 9.35 cent per kWh. DT1&2 solar projects and Phu Yen
of THB 42.48 million due to the fact that the Thai Baht value appreciated against US Dollar and the Company had the foreign trade receivables about USD 18.68 million Financial Costs For the six-month
of loss on exchange rate of THB 26.27 million due to the fact that the Thai Baht value appreciated against US Dollar and the Company had the foreign trade receivables about USD 21.31 million
Company had continuously increased its content acquisition to support the growth of the business since 2017 and the fact that the Thai Baht value appreciated against US Dollar, the Company had loss on
decreased. Compared between the years 2016 and 2017, the average exchange rate of Thai baht/Singapore dollar appreciated from 25.2481 to 24.2812 and Thai baht/US dollar appreciated from 34.0574 to 32.9767. As
result of the continuously affected from Thai Bath strengthen to US Dollar (Which is the company's main currency), resulting in the company recognized revenue from sales of foreign currency decreased