provide effective oversight and investigative capacity which will need to be appropriately funded. The ability to attract staff on competitive terms will enhance the quality and independence of supervision
higher capital budget framework. As of December 31, 2017, the country’s contracted capacity in EGAT system was 42,433 megawatts, 16,071 megawatts or 37.87 percent of which were generated by EGAT power
supported by an increase in capacity from the investment in Phase 3 at the new plant, and the appreciation of the Baht. Cost of Sales and Gross Profit The profit margin increased slightly Q-o-Q, but dropped Y
to sales volume growth that was supported by an increase in capacity from the investment in Phase 3 at the new plant, but mainly offset by the appreciation of the Baht. Cost of Sales and Gross Profit
production capacity of Phase 1 and 2 was expanded, which led to solid revenue growth and profitability. We experienced a number of challenging factors that occurred at the same time, such as production of new
volume, increased selling prices, and ability to manage operating costs. Our 2017 Gross Profit was recorded at Baht 541.4 million, a 4.5% increase from that of 2016. Power Business In 2017, our Share of
construction of the new Latkrabang factory was completed and production capacity of Phase 3 was partly expanded, which led to solid revenue growth and profitability. We still experienced a number of challenging
average years of experience of the staff in each level are factors that help to identify preliminary capacity and capability of the audit team. The data collected in this 3 inspection cycle reveals that
demand for electricity consumption during 2017-2019 (source: Energy Policy and Planning Office (EPPO)) As of December 31, 2019, the country’s contracted capacity in 3 power authorities system was 49,304
Shareholders No. 1/2017 which was held on 30 August 2017 with the disapproval resolution for the Debt to Equity Conversion Scheme, which impacted the Company’s ability to repay the debts in the amount of USD