Earnings Before Interest, Taxes,
Depreciation and Amortization
(EBITDA) 1, 2

(Unit: Million Baht)

Net Profit Attributable to
Equity Holders of the Company 1, 2

(Unit: Million Baht)

Financial Position

(Unit: Million Baht)

(Unit: Million Baht)

CONSOLIDATED FINANCIAL STATEMENTS 2018 2019 2020
Revenue from Sales of Electricity and Steam 8,950 8,223 6,527
Project Management Income 120 154 168
Other Income 45 463 482
Total Revenues 9,115 8,840 7,178
Gross Profit 2,966 2,263 1,188
EBITDA 1, 2 4,584 3,719 3,260
Net Profit Attributable to Equity Holders of the Company 1, 2 599 192 405
Earnings Per Share* (Baht) 2 0.081 0.025 0.050
Total Assets 62,503 64,191 67,038
Total Liabilities 30,981 28,644 32,000
Total Shareholders’ Equity 31,522 35,547 35,038
Gross Profit Margin (%) 32.5% 25.6% 16.5%
EBITDA Margin (%) 2 50.3% 42.1% 45.4%
Net Profit Margin Attributable to Equity Holders of the Company (%) 6.6% 2.2% 5.6%
Total Liabilities to Total Shareholders’ Equity Ratio (Times) 0.98 0.81 0.91
Net Interest-bearing Debt to Total Shareholders’ Equity Ratio (Times) 0.76 0.62 0.60
Current Ratio (Times) 2.52 1.95 1.68
Return on Equity (%) 3 3.3% 0.9% 1.7%
Return on Assets (%) 4 1.0% 0.3% 0.6%

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