Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 September 2020 of the Company and the subsidiaries
volume of 1,381,336 tons for the year 2017, increased by 54,984 tons from the year 2016 or increased by 4% (Separated Financial Statement: 569,224 tons and 604,379 tons, for the year 2017 and 2016
tons from the year 2016 or increased by 4% (Separated Financial Statement: 569,224 tons and 604,379 tons, for the year 2017 and 2016 respectively) Consolidated revenue from sales and services for the
. However, based on net asset value of separated financial statements of CVHLUX as of 30 September 2017, prepared by the Company’s management (unreviewed and unaudited), which is amounted to THB 628 million
sold The Company recorded a sales volume of 392,597 tons for the 3rd quarter of 2017, increased by 58,028 tons from the 3rd quarter of 2016 or increased by 17.3% (Separated Financial Statement:210,502
financial statements of CVHLUX show a negative net asset value, therefore, the calculation of net asset value is not applicable. However, based on net asset value of separated financial statements of CVHLUX
of RPV, separated into 3 instalments as follows: First instalment: THB 601 million which is paid on the Completion Date when RPV shares are transferred to BSE. Second instalment: THB 120 million which
, 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
Direct and indirect Shareholding of GLOW (Percentage) Nature of Business Operation 1. Glow Hemaraj Wind Co., Ltd. 33.33 Developing wind power plant projects 2. Eastern Seaboard Clean Energy Co., Ltd. 33.33