study and develop the power plant project using LNG as fuel, including the project of import and distribution of LNG to fuel the power plant in Vietnam. The remarkable performance with the highest NNP in
improvements but certain limitations still remain 1) Structural problems in the Thai economy leading to a still low level of private consumption 2) The appreciation of Thai Baht due to the high current account
be cautious upon 1) Crude oil and commodity prices trend - recovering trend will aid Thailand's inflation to rise which in turn will result in rise of farm income and ease Thai Baht appreciation via
Weight Factor which is a seasonality effect of the third quarter, and the Availability Rate which fell as a result of the appreciation of Thai Baht. • Revenue of the company’s Small Power Producers (SPP
%) (4.6 %) Gross Margin 432.7 30.5 % 371.3 26.5 % 16.5 % Distribution Costs (212.5) (15.0 %) (236.8) (16.9 %) (10.3 %) Administrative Expenses (120.5) (8.5 %) (101.9) (7.3 %) 18.3 % Profit before Income Tax
%) (937.5) (72.0 %) (21.6 %) Gross Margin 277.0 27.4 % 364.5 28.0 % (24.0 %) Distribution Costs (99.7) (9.9 %) (197.2) (15.1 %) (49.5 %) Administrative Expenses (69.5) (6.9 %) (63.2) (4.9 %) 10.0 % Profit
of last year. Revenue from sales of first half on 2018 decreased 0.25 percent due to the effect of Thai Baht appreciation even though sale volume and sale in CNF incoterm increased from first half on
from currencies appreciation as compared to same period of previous year. 3. Selling and Administrative Expenses For the second quarter of year 2018, the Company’s SG&A expenses was Bt. 1,074.65 million