(TFRS 9), reflecting to the mark-to-market of financial instruments in associates of power business. 3. Decrease in Trade and other receivables (net) of THB 440.0 mm, because of the dividend income from
performance of power business in 1Q2020 continued to be solid with Normalized Share of Profit of Baht 250.7 million, comparing to Baht 184.8 million of 1Q2019. Sale volume of Utilities business in Thailand is
% - Operating Revenue1 387.9 421.2 -7.9% 802.9 852.4 -5.8% - Other Revenue from Utilities Business2 2.3 52.4 -95.7% 10.7 79.2 -86.5% - Power Business 13.7 1.5 821.9% 20.6 2.9 616.3% Costs of Sales and Services
% - Other Revenue from Utilities Business2 112.7 25.4 343.7% - Power Business 10.2 3.2 221.8% Costs of Sales and Services (1,164.4) (1,120.0) 4.0% Gross Profit 692.8 588.3 17.8% Gross Profit from Operation3
million or 25.6% from those of 31 December 2019. Due to the increase in raw material, resulting from strong customer demand in Critical Infrastructure Solutions, Networking Power business and Electric
Trading products decreased dued to Baht strength. - 2 - Selling and Administrative Expenses In the three-month period ended 30 June 2017 and 2016, total selling and administrative expenses of the Company
decreased by 47.2%. In addition, with reference to the share of profit from investments in associates from power business amounting THB 309.9 mm, of which came from Gheco-One Project which has an accounting
Australia to EGR Europe as delivery country. Gross profit margin decreased 4% duted to sold OEM project that high gross profit margin decrease, gross profit of Trading products decreased dued to Baht strength
& Power Business Change Change Q2 2019 Q1 2020 Q2 2020 YoY QoQ 1H 2019 1H 2020 YoY THB mm THB mm THB mm % % THB mm THB mm % Revenue 578.3 534.0 481.4 (16.8%) (9.9%) 1,137.5 1,015.4 (10.7%) Gross Profit