301.92 Million Baht from 327.37 Million Baht or 7.77%, due to less or pending projects from oil and gas companies resulting from slowdown economy. 2. Our net loss before tax is 23.97 Million Baht

, thus sales also decrease in line with the fuel material cost of natural gas. 3 Q1-2021 Q1-2020 THB Mn THB Mn THB Mn % Revenue from construction under a concession arrangment - 131.3 (131.3) N.A. (

million. The decrease of Baht 128.4 million derived from fuel material cost of Baht 1 35 . 0 million or 6.2% from the decline in average natural gas price. Comprise of improvement of fuel material

PEA tariff of which Ft is a major component. With situation of a stable gas price this year if Ft trends is continuous to increase, it would be favorable to our operating margin, i.e. electricity sales

. Collaboration with strategic partners B.Grimm entered Long Term Service Agreement (LTSA) with Siemens to improve performance of gas turbines. 2 projects completed the upgrades in 2019 while 4 more projects are

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

natural gas power plant from second quarter amounting to Baht 41.1 million as the increasing in fuel material cost from increase in average natural gas price, thus sales in the portion of natural gas power

from third quarter amounting to Baht 54.5 million as the increasing in fuel material cost from increase in average natural gas price, thus sales in the portion of natural gas power plant electric power

Q1’2018 (2.87 Baht/KWh in Q1’2017 and 2.85 Baht/KWh in Q4’2017) because the energy payment is indexed to the price of natural gas for which slightly increased to 237.21 Baht/mmBtu in Q1’2018 (232.68 Baht

to the first quarter of 2019. The decrease of cost of sales mainly comes from Natural Gas Power Plant, which decreased by Baht 49.5 million or 13.0 percent mostly from decreased in fuel material cost