. Additionally, expenses were down by stopped the amortization of right to PPA of MPPCL. KEGCO: Unit : Million Baht Quarter 1 Change Increase (Decrease) 2018 2017 Amount % Electricity revenue - Availability

155.6%, arising from increase in available payment from GHECO-One, according to the Power Purchase Agreement (“PPA”) which is based on the principle that annual Availability Payment (“AP”) will not lower

, comparing to the same period of previous year, leading to higher electricity generation. GPG: Unit : Million Baht Quarter 1 Change Increase (Decrease) 2019 2018 Amount % Electricity revenue - Availability

2017 Amount % Electricity revenue - Availability Payment (AP) - Energy Payment (EP) 875 2,076 1,094 2,466 (219) (390) (20%) (16%) Other income 8 9 (1) (11%) Total revenues 2,959 3,569 (610) (17%) Cost of

Amount % Electricity revenue - Availability Payment (AP) - Energy Payment (EP) 964 2,738 1,112 2,520 (148) 218 (13%) 9% Other income 6 8 (2) (25%) Total revenues 3,708 3,640 68 2% Cost of sale (3,183

(Decrease) 2020 2019 Amount % Electricity revenue - Availability Payment (AP) - Energy Payment (EP) 471 1,394 676 1,421 (205) (27) (30%) (2%) Other income 77 92 (15) (16%) Total revenues 1,942 2,189 (247) (11

take-home or delivery services only. The Group placed importance on maintaining continuity in providing efficient services to our customers and therefore the Group focused on improving the efficiency of

by THB 52 million mainly due to increased gross profit of GLOW IPP plants of THB 61 million as a result of an GHECO-One's increased Availability Payment (AP) due to higher Availability Rate of the

end of Q1–2018 the project in accordance with the contract had completed for delivery. In addition, the new winning projects had decreased. Other current assets increased by 13.7 MB or representing an

from the same period of previous year by Baht 33.29 million or 6.67%. The increase was affected by an increase in the delivery volume of its subsidiaries by Baht 32.45 million comparing with the same