, however, increased at a lesser extent than the revenue due to the decrease in maintenance cost and other expenses. • Small Power Producer (SPP): The gross profit increased by Baht 39 million due to the
sales adjusting upward, which itself earns higher margins than the industrial channel. The company’ s cumulative market shares of throughput 5 Management Discussion and Analysis of Business Operation for
Cogeneration systems that will expire in the year 2019-2025, which must be a new power plant by purchasing more than 10 megawatts of electricity but not more than 30 megawatts, which allows for price submission
GW, increased by 5.2% due to uncertain weather condition as Thailand entered the summer season earlier than previous year at the ending of February until the middle of May 2019. The industrial sector
higher rainfall than the previous quarter, and the lower solar panel installation projects. PAGE 3 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q3 2019 Executive Summary Q3/2019 Significant Events Comparing 9M
affected by a credit rating action of the CRA; c. being paid by rated entities, obligors, originators, underwriters, arrangers, or subscribers for services other than issuing credit ratings or providing
) (“N based on to th n size. The ou e 2019. The h period prio total highest is lower than Acquisition an s of Happy ar ory Board To oard of Gov Listed Compa e entering in percent of th mpany where to
acquisition completion on 26 March 2020 and increased revenue from electricity sales of Ichinoseki Solar Power 1 GK (ISP-1) due to higher light intensity than in Q2/2019. Besides, other income of Combine Heat
months of 2020. Meanwhile, there are still demands from more than 1,000 potential clients in industrial estates at sites which are already in operation or under development. Well-planned FX strategies The
on year and in line with the Company’s vision to double it every 5 years. o The secondary feedstock impact on PET in 2Q17 and 2Q17 LTM was more than fully com- pensated under the gains in the feedstock