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

Construction contract service (EPC) income of Combine Heat and Power Producing Company Limited (CHPP) as well as the increase in selling electricity of Ichinoseki Solar Power 1 (ISP1). However, the cost of sales

allowance for asset impairment amounting to Baht 31 million for Combined Heat and Power Producing Company Limited (CHPP) to be disposed. When comparing to Q1/2017, non-operating income and expenses decreased

the agreement with PTTPL to be EPC for solar rooftop and BESS project On 13th July 2018, Combine Heat and Power Producing Company Limited (CHPP), in which GPSC has hold 100% stake, has signed the

steam to companies in PTT group. While in 2018, the current customers of CUP will continue to purchase electricity and steam from CUP1 and CUP 3 and the existing production capacity is sufficient. Hence

250 237 (5%) (4%) 255 247 (3%) Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q4/2017 and FY2017 ผลประกอบ การบริษัท Gross profit of the Combined Heat and Power Producing

-kW floating solar installed at PTT Tank Terminal Company Limited in Map Ta Phut, Rayong. GPSC, as a power flagship of PTT Group, has commission Combined Heat and Power producing Company Limited (CHPP

material and packaging costs, packaging optimization, new lighter weight bottles, and more formulation optimization. The new glass factory (SGA2), which has been heat up in August 2019, will start commercial

composites, such as wadding, insulation, filtration, automotive acoustic insulation material and other products where heat is used to bond the fibers. The HIAM plant is expected to start operations in 2019

% 43 60 38% Gross profit margin 45% 55% 54% (1%) 9% 45% 54% 9% 1H/2017Q2/2017 Change +/(-) 1H/2016Q1/2017Q2/2016 2.4 Combine Heat and Power Producing Company Limited (CHPP) : VSPP Unit: THB million 12