Earnings Before Interest, Taxes,
Depreciation and Amortization
(EBITDA) 2, 3

(Unit: Million Baht)

Net Profit Attributable to
Equity Holders of the Company  2, 3

(Unit: Million Baht)

Financial Position

(Unit: Million Baht)

(Unit: Million Baht)

CONSOLIDATED FINANCIAL STATEMENTS 2019 2020 2021
Revenue from Sales of Electricity and Steam 8,223 6,527 8,505
Project Management Income 154 168 293
Other Income 1 463 482 537
Total Revenues 8,840 7,177 9,335
Gross Profit 2,263 1,188 2,815
EBITDA 2, 3 3,719 3,260 5,975
Net Profit Attributable to Equity Holders of the Company 3 192 405 2,179
Earnings Per Share (Baht) 3, 4 0.025 0.050 0.268
Total Assets 64,191 67,038 68,977
Total Liabilities 28,644 32,000 32,847
Total Shareholders’ Equity 35,547 35,038 36,130
Gross Profit Margin (%) 25.6% 16.5% 30.2%
EBITDA Margin (%) 3 42.1% 45.4% 64.0%
Net Profit Margin Attributable to Equity Holders of the Company (%) 3 2.2% 5.6% 23.3%
Total Liabilities to Total Shareholders’ Equity Ratio (Times) 0.81 0.91 0.91
Net Interest-bearing Debt to Total Shareholders’ Equity Ratio (Times) 1 0.62 0.60 0.65
Current Ratio (Times) 1.95 1.68 2.86
Return on Equity (%) 5 0.9% 1.7% 9.0%
Return on Assets (%) 6 0.3% 0.6% 3.2%

Remarks:
1 Excluding foreign Exchange Gain
2 Including Share of Profit from Investments in Jointly Controlled Entities and Associated Companies
3 Excluding One-time Item
4 Calculated from Weighted Average Number of Ordinary Shares
5 Calculated from Net Profit Attributable to Equity Holders of the Company divided by average Equity
5 Calculated from Net Profit Attributable to Equity Holders of the Company divided by average Assets