life. Company Financial status 1. Total asset, the company had total asset as at December 31, 2018 with amount of 886.35 million bath increase from December 31, 2017 by 127.51 million baht or 16.80
operations of projects in 2019 which are Rayong Central Utility Plant 4 (CUP-4), Namlik 1 Power Company Limited (NL1PC) and Xayaburi Power Company Limited (XPCL), notwithstanding the recognition of expenses
>= 25%; AND • Bottom ash recovery; AND • >= 90% recovery of metal from ash; AND • Average carbon intensity of electricity and/ or heat over the life of the plant
expenses 147.44 100.00 108.69 100.00 (38.75) (26.28) % to sales revenue 38.39 43.51 Notes: /1 Other selling expenses mainly comprise market survey expenses and rental expenses for Namu Life Shop Table 8
%) Executive Summary PAGE 2 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q3 2019 Operating performance by plant in Q3/2019 The company’s gross profit was at Baht 5,467 million in Q3/2019 which decreased by 535
revenue Cost of sales Cost of goods sold consists of raw material and packaging, salary and wage of production staff, depreciation of property, plant and equipment, transportation and logistics and other
% Power Plant Business3/ 568 781 812 43% 4% 2,559 3,088 21% Bio-Based Product Business4/ 131 159 132 1% -17% 326 529 62% Resource Business5/ 71 44 16 -77% -62% 323 286 -11% Others (0.3) (35) (30) N/A 13% 99
attributable to consistent orders from present customer and new customer. 1. Cost of sales and gross profit The Company’s cost of sales in year 2018 amounted to Baht 256.50 million, rising year-on-year by Baht
(22.49) (18.81) % to sales revenue 31.95 48.01 Notes: /1 Other selling expenses mainly comprise market survey expenses and rental expenses for Namu Life Shop Administrative Expenses The Company recorded
) (12.12) % to sales revenue 34.69 40.85 Notes: /1 Other selling expenses mainly comprise market survey expenses and rental expenses for Namu Life Shop Administrative Expenses The Company recorded