impairment and increased in recognize loss competition and land, building and equipment decline of 1,054.49 Million Baht due to recorded more in impairment of fixed assets and transfer fixed assets of 808.12
administrative expenses. In addition, the company has set up an allowance for doubtful accounts to recognize administrative expenses increased by 6.29 million baht due to the first-time adoption of TFRS9 Financial
reasons: 1. In 2018, Management focused on renewing the contracts with appropriate profit margin. 2. The revenue of engineering service increased. 3. Solar energy began to recognize revenue for the whole
company will recognize revenue and increased net profit from investment after entering the transaction onwards. 9. Risk factors of the Transaction. No expertise and rely on IGEN-ENERGY executives. However
% compared to the same period of previous year. The mainly reasons were the domestic sales decreased from OEM projects (Toyota) and export sales increased from Asia zone such as Saudi Arabia, India and
operating results with the same period of the prior year, the group’s net profits increased by Baht 7.69 million, or increased 30% due to the following reasons: 6 Months 6 Months (Unit : Million Baht) 2018
. 68 million to Baht 1,580.25 million, which is increased by 11.94% due to additional revenue of engineering service in 2017 and revenue from solar energy began to recognize in 2017. Statement of
of 2018 to 542.45 million Baht for the year of 2019, representing 56.71 percent, due to recognize revenue according to success of the production line project. - Cost of sales increased from 319.67
with Patong Municipality, Phuket Province of a subsidiary. It’s started to recognize revenue from 4 January 2019. 2.2 Income from installation and distribution of water production systems increased from