start to recognize revenue from the solar power plant in Japan, Ichinoseki Solar Power 1GK (ISP1). This marks an important milestone for GPSC and PTT group in expanding its power business abroad also
/2017, GPSC will have scheduled maintenance while the company will recognize revenue from IRPC-CP for both Phase 1 and 2 and will start to recognize revenue from the solar power plant in Japan, Ichinoseki
recognize share of profits from Nava Nakorn Electricity Generating Company Limited (NNEG). Operating highlight in Q4/2017 and 2017 Q4/16 Q3/17 Q4/17 Change +/(-) 2016 2017 Change +/(-) (THB million) QoQ YoY
Liability Analysis As of December 31, 2018 the total liabilities were Baht 105,578 million, decreasing by Baht 7,898 million or 7% from the year 2017. The details are as follows: Current liabilities
continually recognize revenue from EVN since commercial commencement as normal. After operation of these renewable projects, the renewable capacity portion rose to 30% from 8% while the overseas capacity
was resulted from the decrease in profit from the shutdown of Khanom Power Plant Unit 2 and 3, which in 2016 has a high profit from the reduction of provision for decommissioning liability. Page 21
personnel, the intermediary shall govern its personnel to comply with such standards. Clause 10 An intermediary shall not make a contract with a client in a manner of release or limit its liability for damage
appropriate for the Company's funds. Therefore, the construction revenues for nine-month come from the old projects which have been completed. The Company is able to recognize revenue in proportion to the
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
nearing completion. Moreover, projects that are operating at still the beginning stage thus, the Company is able to recognize revenue only in proportion to the success of the work. 2. Cost of construction