ENCOM International Company Limited in which the shareholding proportion is 40, 35, and 25 percent, respectively to jointly develop a power project in Nakhon Ratchasima Province. The project is a

in the 2nd quarter of 2019. The Company’s net profit has increased by 61.77 million Baht or 505.83%. Due to the increased in biodiesel sold since the Ministry of Energy has increased the proportion of

quarter of 2019. The Company’s net profit has increased by 133.43 million Baht or 175.69%. Due to the increased in biodiesel sold since the Ministry of Energy has increased the proportion of biodiesel

, acquired common shares of 3 biomass power plants in the proportion of 100 percent with the consideration paid of Baht 464.6 million. From comparison of identifiable assets acquired and liabilities assumed

148.86 million Baht in 2019. The Company’s net profit has increased by 645.62 million Baht or 433.70%. Due to the increased in biodiesel sold after the increased in the proportion of biodiesel blends in

2020. The Company’s net profit has increased by 30.69 million Baht or 49.52%. Due to the increased in biodiesel sold since the Ministry of Energy has increased the proportion of biodiesel blends in

Administration (CEPA) has a resolution for adjusting the proportion of biodiesel mandatory and the spread of retail fuel price affecting to the economy and alleviating people’s suffering during the rising energy

for adjusting the proportion of biodiesel mandatory from B7 to B5 to mitigate the impact of rising diesel prices, as the aforementioned measures, the demand for biodiesel and the production capacity was

from B7 to B5. However, September 27, 2022, the Energy Regulatory Commission (ERC) No.14/2022 has a resolution for adjusting the proportion of biodiesel mandatory from B5 to B7, effective from October 10

, credibility of the contracting party or service users, past performance of the infrastructure business invested, proportion of investments in greenfield projects, and any other factors which may affect the