electricity dispatched to Electricity Generating Authority of Thailand (EGAT) under the SPP – Firm contract. In addition, GPSC has managed to improve the profitability in 2017 as a result of efficient cost

in steam dispatched from existing customers in Laem Chabang Industrial Estate, despite an increase in demand in Amata Nakorn Industrial Estate. ► Steam price sales to IU in Thailand decreased 3.8% year

follows: • Cost of sales of goods and rendering services of IPP (Sriracha Power Plant) rose from the higher natural gas consumption corresponding to EGAT’s dispatched instruction. • Cost of sales of goods

, comparing with Q4’2018, EBITDA margin increased from 22.2% due to 1) more volume dispatched from industrial users, 2) less scheduled maintenances, 3) continual improvement in production efficiency and 4) less

reasons: • The gross profit from GLOW’s SPP plants increased by Baht 15 million from Q2/2019 mainly due to the increased in electricity sales corresponding to EGAT’s dispatched instruction despite the