% from Q3/2018 due to the following reasons: • Gross profits from IPP plants and SPP plants increased by Baht 1,577 million and Baht 2,301 million respectively from the recognition of GLOW gross profit (Q3
sales revenue from overseas sales resulting from Thai Baht appreciation against 3 major currencies (USD, EUR, and AUD) as main revenue structure. Cost of sales. Selling and Administratiy!: Expenses: For
and the TFRS 9 revenue recognition concept adopted for calculation of interest income and fee income related to loan, as well as reduction of contributions to the Financial Institutions Development Fund
global economy volatility impacted to Thai Baht appreciation against major currencies, i.e. USD, have had negative effect to the export business while the importer took this opportunity importing products
%. Because in the past the market has increased the price competition. In addition, customers negotiate the price by referring to the decrease in world wheat market prices and the appreciation of the baht in
4,061 million, increased by Baht 702 million or 21% from 2018 mainly caused from the recognition of the operating results of the projects that the Company has invested and the commencement of commercial
overall selling price decrease, especially for Caustic Soda due to the fall of its market price trend, plus impact from appreciation of Thai Baht against US Dollar. However, those negative impacts were
million, an increase of Baht 171.83 million or 5 8 . 4 9 percent, respectively. as result of the revenue recognition of Sun Express Logistics Pte. Ltd. for this year. The Company recognizes revenue from
% compared to the same period of last year due to the soap opera revenue recognition from Television program production and distribution business and growth in the creation and management of integrated
was partially offset by (ii) impact of currency translation due to THB appreciation against EUR and GBP and partial loan repayments. Total equity as of 30 June 2019 was THB 28,977mn, a decrease of 0.6