Page 25 - ACC One Report 2567-En

Overall operation regarding goals and classified by business as follows:
Energy and renewable energy business
• W. Solar Co., Ltd. (“W.SOLAR”), an associated company, held 49.00 percent of shares with a production capacity of approximately 1.666 megawatts in 2024, capable of generating 1,757,237.50 units of electricity, equivalent to 10.32 million baht, which increased from the previous year by 195,480.53 units, equivalent to 0.88 million baht or 9.37 percent.
• Bangpakong Solar Power Co., Ltd. (“BSP”), a subsidiary, holds 51.00% of shares with a production capacity of 0.96 megawatts in 2024, able to produce 327,917.60 units of electricity, equivalent to 1.63 million baht, lower than the previous year, 178,701 units representing 0.10 million baht or 63.12 percent. The reasons for the increase in electricity production and distribution due to the year 2024, the company expands electricity distribution outside the Wyncoast Industrial Park with 2 projects, production capacity 0.26 megawatts.
• 105 Solar Power Co., Ltd. (“105”), an associated company, holds 44.36% of shares with a production capacity of 0.77 megawatts in 2024, capable of generating 439,884.48 units with the amount of 2.78 million baht of electricity, decrease than last year 480,247.62 units representing 3.71 million baht or 57.17% due to tenants in the Wyncoast Industrial Park expired their leases and moved out of the leased area.
Construction business, The company operates this business under the name ACC Infra Co., Ltd. (“ACCI”) The company has a project to accept solar panel installation work for both public and private sectors which is ready in both manpower and technology. In 2024, the company was able to recognize revenue of 25.15 million baht, it is still lower than the goal set by the company.
Finance business, the company operates this business through ACC Capital Co., Ltd. (“ACC C”) and ACC Asset Management Co., Ltd. (AMC). In the year 2024, the company had income from lending in the amount of 31.20 million baht, higher than the same period with the previous amount of 13.56 million baht. It is expected that in 2025 there will be opportunities for continued growth.
Trading business, distribute solar panels and related equipment for 35.73 million baht, totaling more than 15 megawatts from ACC Infra.
Electronic equipment and communication device business from RTS (2003) Co., Ltd., which the Company acquired RTS on November 21, 2024, with revenue recognition of 13.08 million baht, which is not a full year. The Company will recognize full-year revenue in 2025
Annual Report 2024 (Form 56-1 One Report) Advanced Connection Corporation Public Company Limited
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