, attributing the increase principally to the higher of water level in Nam Ngum 2 Dam and its higher electricity generation. Management Discussion and Analysis For the Three-month and Nine-month Periods Ended 30
increase in electricity revenue from Ichinoseki Solar Power 1 GK (ISP-1) which increased by Baht 7 million. The gross profit of the company increased mainly due to: • The gross profit for Independent Power
) Increase (Decrease) THB Million % THB Million % THB Million % Revenues Sales 13.59 24.38 12.69 23.49 (0.90) (6.62) Service and rental income 41.19 73.88 41.19 76.24 - - Other income 0.97 1.74 0.15 0.27 (0.82
follows. Performance Analysis For the Quarter 2-2018, the Company and its subsidiaries had total revenue of 373.61 million baht, an increase of 69.16 million baht or 2.75 percent, with the total net loss of
renewable energy business of the total revenues. Sales electricity and services for the nine-month period ended September 30, 2019 reached Baht 271.97 million, an increase of 1.80% from Baht 267.16 million
, increased by Baht 200 million or 28% from Q4/2017. The increase is mainly due to the rise in sales of electricity to Electricity Generating Authority of Thailand (EGAT) as the COD of both phases of IRPC Clean
following details. Financial performance Statement of income Consolidated financial statements for the year 2018 2017 Change (Audited) (Audited/Restated) Increase (Decrease) THB Million % THB Million % THB
period by 4.30 Satang per unit up from the previous period, resulted in the increased average selling price of electricity and steam. Also, there was the increase in maintenance cost according to payment
prior quarter, of the new biomass power plants which the Group acquired in the third quarter of 2020. This was result in the increase in electricity unit production and sales, thus cost of sales of
of 51% additional holding in BGYSP in July 2018 and 124 MW SPP1 acquisition in March 2019 and 3) the tariff increase of electricity and steam. EBITDA • EBITDA increased 18.5% y-on-y in Q2’2019 to Baht