company was at Baht 5,402 million, increased by Baht 3,273 million or 154% from Q1/2019, and increased Baht 3,771 million or 231% from Q2/2018. this is mainly due to the immediate recognition of GLOW’s
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
% 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
in June 2020. • Gross profit of Very Small Power Producer (VSPP) and others increased by THB 173 million mainly from recognition of gross profit from Global Renewable Power Co., Ltd. (GRP) after the
recognition of gross profit from Global Renewable Power Co., Ltd. (GRP) after the acquisition completion on 26 March 2020. Executive Summary Q3/2020 Gross Profit Breakdown by Plant Type (THB million, %) GPSC
comparing with Q1/2019, the net profit for the company increased by Baht 638 million or 68% as a result of the full quarter recognition of revenue, cost and profit from GLOW (Q1/2019 GLOW was acquired for
transportation system to the northeastern region of Thailand which is the extension of petroleum pipeline system to northeastern region project (the Project). The Project connects the Thai Petroleum Pipeline Co
matters including inability to obtain certification from the company’s management regarding responsibility for the financial statement preparation, inability to audit operating system manual in petroleum
Solutions grew by THB 35.31 million or 13.43% from the recognition of license income and implementation fee from projects in Thailand and Malaysia, as well as, organic growth in recurring outsourcing income
economy growth in 2019, the slowdown of Government’s energy Saving programs promoting the replacement of conventional lamps to LED and the delays of sales revenue recognition resulting from product