conversion cost. Cash conversion cost mainly increased from the increase of Graphite Electrode’s price. (Separate: Baht 4,724 million for the year 2018 and Baht 11,240 million for the year 2017, decrease Baht
planned-shutdown of Natural Gas Power Plant, which resulted in lower electricity unit sold compared to the second quarter. Sales and service income decrease 0.5% YoY from Baht 1,249.0 million to Baht
market and an investment in assets in order to received privileges under investment promotion schemes granted expenditure reduction around 1.5 times. The installation of kiosk takes approximately 4-6
projects have started their operation in accordance with the reduction of the strictness of the COVID–19 outbreak prevention policy. In addition, the several projects were due for submission, resulting in a
following: I Revenues In conclusion, the Group has total revenues during the first quarter of 2019 and 2020 amount of 3,453.3 million baht and 2,408.3 million baht respectively, a decrease of 1,045.0 million
Financial Statement Summary in 1Q2020 Statement of Comprehensive Income Total Revenue Total revenue from the core business in 1Q2020 was Bt729.05mn, decreasing 8.7% YoY, mainly from a decrease of the middle
result, the equipment for lease increased. Other non-current assets decreased by 14.6 MB, representing a decrease of 18.7% mainly due to contract period reduction of project maintenance costs, which are
payments from customers. As a result, the income received in advance from customers decreased. Other current liabilities decreased by 81.4 MB, representing a decrease of 61.1% mainly because the reduction of
services amounted to Baht 274 million, decreased by Baht 1,021 million or 79% YoY. Net loss resulted from total revenue from sales and services of the Company and subsidiary decrease together with high level
of 100:1, (ii) a minor capital increase through a private placement, for the purpose of facilitating the reverse stock split via a rounding of fractional shares and (iii) a capital reduction for the