million mainly due to a decrease in Availability Payment (AP) according to the PPA and other income was decreased because the recognition of the revenue from disposal of scrap material in 2019. Meanwhile

: The operating result was decreased by Baht 9 million mainly due to a decrease in Availability Payment (AP) according to the PPA and other income was decreased because in Q2/2019, there was compensation

million Baht. because consolidated financial statement for the year 2019 was including the expenses of the year 2019 from subsidiary company while the previous year included the subsidiary’ s expenses for

period of the previous year. Administrative expenses decreased because the Company and its subsidiaries had reduced and controlled administrative expenses. In addition, there is no obligation to set aside

of the expiration of Adder period as described above. In addition, gross profit of biomass power plants decreased because of the higher shutdown hours to improve the power plants machinery’s efficiency

million Baht and 921.95 million Baht, respectively, or accounting for 48.17% in 2017 and 47.78% in 2018. The gross profits of both years were similar because the cost of sales and services changed based on

” and “Nimit Langsuan” projects and the expansion of DEAN & DELUCA in the United States. Meanwhile, the Company has continued to pay back the loan for “MahaNakhon” project since it started recognizing

million, an increase of THB 233.52 million or 19.21% up from 1Q2017. Revenue from selling live broilers to GFN has been snowballing since GFN started its operation in 2010. As a result, revenue from selling

%.  Network OPEX was Bt5,043mn increasing 99% YoY mainly from the Bt2,375mn payment for TOT partnership (a recurring quarterly run-rate since 4Q16). Excluding this, network OPEX to service revenue was

in electricity generation since the power plant unit 2 was unplanned outage in the same period of the previous year. Page 11 GPG: Unit : Million Baht Quarter 2 Change Increase (Decrease) 2017 2016