million mainly due to the decreased in revenue from Combine Heat and Power Producing Company Limited (CHPP) by Baht 19 million as a result of the lower revenue from solar cell implementation; despite the
the signing of Share Purchase Agreement and other related contract. (3) The Company receiving an approval for issuance and offering new ordinary share to accommodate the exercise rights of Warrant
Contract that is not subject to the Act, BE 2546 derivatives.
Contract That Is Not Subject to the Derivatives Act B.E. 2546 (2003) (No. 3)
addition, maintenance cost from Long Term Service Agreement (LTSA) also increased as agreed in the contract. • Very Small Power Producer (VSPP) and other: The gross profit decreased by Baht 10 million mainly
contract since Q4/2018. • Small Power Producer (SPP): The gross profit increased by Baht 2,184 million as a result of recognizing gross profit from GLOW’s SPP plants of Baht 2,081 million. As for GPSC’s SPP
that of 2019, as specified in the Power Purchase Agreement. In addition, the Combine Cycle Power Plant unit 3 had planned maintenance shutdown (Major Overhaul) from June 7 to July 28, 2020. (2) Revenue
portion is derived from valuing the Power Purchase Agreement (PPA) of Baht 37,594 million. The fair value recognition of net assets acquired from GLOW will be amortized yearly. The amortization of PPA will
futures Futures is a contract where both the buyer and seller have an obligation to comply with the agreement in the contract. Therefore, if the contract is not closed out before the settlement date, the