combined cycle cogeneration power that commenced COD on June 1, 2018. It has an installed capacity of 133 MW and sells electricity to EGAT 90 MW under a 25-year PPA. The project was able to achieve COD as

Component by Brand 3 2. Cost of goods sold and gross profit Gross profits for Y2019 and Y2018 represented 43.44%, and 40.90%, respectively, which increased previous year. Gross profits improved from higher

by the Company’s auditor can be summarized as follows: The Company’s Performance for the yearly end in 2017 showed a Net Profit of 6.8 million baht, higher than 2016 by 1.2 million baht or an increased

follows: The Company’s Performance for the yearly end in 2017 showed a Net Profit of 6.4 million baht, higher than 2016 by 1.2 million baht or an increased by 20.8%. This represent net profit margin of 0.91

7,539 million Baht, increased by 29% YoY, supported by revenue from the ESSE Asoke which has started the transfer since December 2018 and operating profit contributed from the new acquisition of Outrigger

revenue of 168.99 million Baht. This increasing was attributed to higher domestic sales. Moreover, the Company generated higher export volume, but the Company recognized increased slightly sales revenue

under a 25-year PPA. These projects were able to achieve COD as scheduled in PPA while the construction cost was also in line with the budget approved by shareholders. 2019 will be the first full year

power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited

power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited

power was limited following rising energy price and inflation. The increased cost of living put pressure on consumers to spend wisely and reduced costs where required. The economic recovery benefited