Management’s Discussion and Analysis ABBREVIATION & OUR PROJECTSEXECUTIVE SUMMARY FINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION Natural Gas Natural gas costs increased 7.2% y
PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION Natural Gas • Natural gas costs increased 16.0% y-on-y and 11.8% q-on-q (Baht 15,918 million in 9M’2018 / Baht 5,906 million in Q3’2018
Value (NRV) 9 0 10 0 (1) (10) (7) (0) 16 (229) Product to Feed Margin 906 23 912 28 (6) (1) 928 18 (22) (2) Variable Costs (386) (10) (486) (15) 100 (21) (411) (8) 25 (6) Fixed Costs (181) (5) (177) (5
mainly due to the change in accounting treatment on the partnership with TOT (see significant event). Excluding all costs paid to TOT, the focus on cost optimization continued to result in controlled
also been a completion of COD of 5 SPPs since the second quarter of 2017 to the first quarter of 2018, adding the Company’s Equity MW under operation to 510.5 MW • Financial costs decreased by 30.8
expense 2,477 4.6% 1,830 3.6% 646 35.3% Finance costs 284 0.5% 271 0.5% 13 4.8% Profit from continuing operations before tax expense 2,193 4.1% 1,559 3.1% 633 40.6% Tax expense 535 1.0% 280 0.6% 255 90.9
profit levels as targeted by increasing sales of good margin products and controlling operating costs, causing Jaymart Mobile had a net profit of 90 million Baht in 2019. 2. Non-Performing Debt Management
) (26.57%) 70.72 192.34 121.62 171.98% Costs of Sales and Services 578.34 516.49 (61.84) (10.69%) 1,645.14 1,639.88 (5.26) (0.32%) Raw water cost 278.65 219.95 (58.70) (21.07%) 861.65 712.34 (149.30) (17.33
) (11.38%) 169.41 157.59 (11.81) (6.97%) Construction revenue under Concession Agreements(1) 47.54 83.31 35.77 75.25% 118.26 275.65 157.39 133.09% Costs of Sales and Services 586.88 584.67 (2.22) (0.38
dispute settlement in 3Q19, but decreasing -3%QoQ from reclassified expenses to admin & other expense. Other costs of service were Bt1,913mn, decreasing -22%YoY due to decrease in prepaid commission