. According to the Power Purchase Agreement (“PPA”) with Electricity Generating Authority of Thailand (“EGAT”), which based on the principle that annual Availability Payment (“AP”) will not be lower in year of
electricity. Q1 2019 EBITDA rose considerably versus Q1 2018 an increase of 11% and while we face competition on volumes which may lead to revenue erosion the expectation is that the efforts on cost reduction
savings in logistics cost and electricity in the coming few months once the new operating procedures stabilize. EBITDA rose considerably versus Q2 2017 an increase of 35% as again the positive contribution
, Commercial Development Business, the manufacture and distribution of treated water business and electricity production business. Therefore, there was no similar type of business in the industry that can be
the end of the year and 2019, while we expect fuel costs to ease not before Q2 2019. On the positive side optimization in plant layouts, internal logistics, electricity consumption patterns, has
electricity as well. TRADING 67% ENERGY 12% CHEMICAL 21% Manufacturing – Chemical: Over the past nine months, the Chemical business has benefited from a significant drop in raw material prices. As a result, the
supply significant portion of our internal electricity use decreasing further operational expenses. 2. Outlook Economic growth accelerated in the third quarter from the near five-year low in the second
and distribution of treated water business and electricity production business. Therefore, there was no similar type of business in the industry that can be used as a benchmark for comparison. Not
assembly building Phase 2, the Construction Project of an underground cable to improve the electrical distribution system of the Provincial Electricity Authority. Furthermore, there are new projects starting
the Expressway Authority of Thailand, and the construction project of three power stations according to the transmission and distribution system development project of the Provincial Electricity