Earnings Before Interest, Taxes,
Depreciation and Amortization
(EBITDA) 1

(Unit: Million Baht)

Net Profit Attributable to
Equity Holders of the Company

(Unit: Million Baht)

Financial Position

(Unit: Million Baht)

(Unit: Million Baht)

CONSOLIDATED FINANCIAL STATEMENTS 2017 2018 2019
Revenue from Sales of Electricity and Steam 6,774 8,950 8,223
Project Management Income 105 120 154
Other Income 51 45 463
Total Revenues 6,930 9,115 8,840
Gross Profit 2,120 2,966 2,263
EBITDA 1 3,551 4,584 4,295
Net Profit Attributable to Equity Holders of the Company 159 599 769
Earnings Per Share* (Baht) 0.022 0.081 0.100
Total Assets 60,462 62,503 64,191
Total Liabilities 29,803 30,981 28,644
Total Shareholders’ Equity 30,659 31,522 35,547
Gross Profit Margin (%) 30.6% 32.5% 25.6%
EBITDA Margin (%) 51.2% 50.3% 48.6%
Net Profit Margin Attributable to Equity Holders of the Company (%) 2.3% 6.6% 8.7%
Total Liabilities to Total Shareholders’ Equity Ratio (Times) 0.97 0.98 0.81
Net Interest-bearing Debt to Total Shareholders’ Equity Ratio (Times) 0.74 0.76 0.62
Current Ratio (Times) 2.36 2.52 1.95
Return on Equity (%) 2 0.9% 3.3% 3.7%
Return on Assets (%) 3 0.3% 1.0% 1.2%

Remarks: * Calculated from weighted averagenumberofordinary shares
1 Including Shareof Profit from Investments in Jointly Controlled Entities and Associated Companies
2 Calculated from Net Profit Attributable to Equity Holders of the Company divided by average Equity
3 Calculated from Net Profit Attributable to Equity Holders of the Company divided by average Assets