marketable equity securities from available-for-sale securities to trading securities which were partially sold in 2019. On 27 December 2019, the Company sold partially the investment in NR Instant Produce Plc
Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the year ended 31 December 2020 of the Company and the
profit decreased by Baht 128 million mainly due to the decrease in steam sales volume of Rayong Central Utility Plants (CUP) and IRPC Clean Power (IRPC-CP) decreased, even though the electricity sales
Authority of Thailand (EGAT) because of the reserved shutdown following EGAT dispatch instruction; IRPC Clean Power Phase 1 (IRPC-CP Phase 1) ceased the gas turbine generator to commissioning with Phase 2 in
of IRPC Clean Power Phase 2 (IRPC-CP Phase 2) in November 2017, in which GPSC holds 51% equity, has expanded the electricity generating capacity allowing the company to increase the volume of
466.5 million baht, mainly due to: Other long-term investments decreased by 561.5 million baht due to the mark to market of long-term investments in marketable securities Deposit lower by 157.4 million
million baht due to the mark-to-market of long-term investments in marketable securities. Property, Plant and Equipment increased by 1,593.1 million baht from the purchase of two ATR72-600s under finance
21.7 percent. A largely decrease was mainly from gain on sales of investments in marketable securities which dropped by 1,353.4 million baht or 77.9 percent. However, the Company has gained on foreign