average spread between the Dated Brent and Dubai price in Q4/ 2017 increased by 0.30 $/BBL when compared to Q3/2017, due to supply reduction from the emergency maintenance of the underwater crude pipeline
province of Republic of the Philippines. 455 MW of the plant’s capacity and energy are contracted to the Manila Electric Company (MERALCO) pursuant to a 20 years power supply agreement which is extendable
with capacity of 2,500 cubic meter per day. Demineralized Water Project, supply to GPSC, is scheduled to achieve COD in 4Q2019 with capacity of 6,000 cubic meter per day which located in WHA EIE. WHA
implementation. Since then, the Company has started to gradually re acquire the old customers who had established alternative supply sources through competitors or resorted to cheaper imports. Overall Domestic HRC
the quality of service and products which can meet efficiency the customer needs. That cause we got purchase order form the big industry in the first quarter of 2019 such as industrial water supply
, electricity and water supply for 15 years Additional 25% deduction of the cost of installation or construction of facilities apart from the usual depreciation expenses 4.2) Asset Obligations -None
% reduction of corporate income tax Double deductions from the costs of transportation, electricity and water supply for 15 years Additional 25% deduction of the cost of installation or construction of
to a 20 years power supply agreement which is extendable for up to an additional 5 years. The construction of the project has progressed 89.83% (The construction plan was 88.38%). The commercial
previous year. In addition, the revenue from distribution of products in the industrial water supply system has continued to increase. As a result, the overall revenue of this business group has increased
to a 20 years power supply agreement which is extendable for up to an additional 5 years. The construction of the project has progressed 93.69% (The construction plan was 92.41%). The commercial