1,166 million or 2% decrease from the end of 2019 (as of 31 December 2019). This was mainly due to a decrease in land and construction in progress as well as land and project development costs by Baht 970
Discussion and Analysis EXECUTIVE SUMMARY SIGNIFICANT EVENTS ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 Issuance of
in Amata City Industrial Estate with 133 MW installed capacity, has 97.7% construction progress and target to commence COD on October 1, 2018 and expect to record revenue in Q4’2018. Solar WVO
% due to revenue from sales of tickets and transportation services were decreased of Baht 27.72 million and 13.82 million, respectively from decrease in number of tourists of the subsidiary. million
following details. Financial performance Statement of income Consolidated financial statements for the year 2018 2017 Change (Audited) (Audited/Restated) Increase (Decrease) THB Million % THB Million % THB
. Construction Income In 2017, the company and its subsidiaries’ construction income was Baht 229.11 million whereas Baht 365.23 million in 2016 showing a decrease of Baht 136.12 million or representing 37.27
in 2017 already. Thus, there was just small progress can be realized in 2018. This resulted in decrease in gross profit for Baht (53.23) million. 2. Management Service (“MS”) had a decrease in gross
subsidiaries’ construction income was Baht 35.57 million whereas Baht 64.20 million in the same quarter of 2017 showing a decrease of Baht 28.63 million or representing 44.60 % decrease since there have been
in the same quarter of 2019 was Baht 150.24 million showing a reduction of Baht 121.27 million or 80.72 % decrease. In this current year, there were only 2 ongoing projects and one of them was
3,693.57 (1,258.59) (34.1) Profit before FX 532.44 2,175.99 (1,643.55) (75.5) 2,516.29 3,879.22 (1,362.93) (35.1) * excluding fuel cost Quarter 2 6-Month Increase (Decrease) % Increase (Decrease) % The