% - Operating Revenue1 447.2 423.9 5.5% 1,299.6 1,264.9 2.7% - Other Revenue from Utilities Business2 2.6 18.5 -85.9% 81.9 22.1 271.2% - Power Business 3.0 1.1 165.4% 5.9 1.9 211.1% Costs of Sales and Services
% Administrative expenses (9.68) (8.59) 1.09 -11.28% (30.12) (25.84) 4.28 -14.21% Profit from operating activities 26.79 11.03 (15.76) -58.83% 85.23 48.96 (36.27) -42.56% Share of gain(loss) on investments in
1 Ref: AC.042/2017 14 November 2017 Subject: Management discussion and analysis of financial position and operating results To: President and Manager The Stock Exchange of Thailand Overall operating
each operating segments for the year ended 31 December 2019 of the Company and its subsidiaries had changed from the previous period of last year as follows (1) Revenue from sales of program rights
warrants exercise LTM 3Q18 Operating Cash Flow of $1,037 million Net Operating D/E ratio 0.53x; Rating Upgrade to AA- with “Stable Outlook” 2019 Guidance reaffirmed; attractive and accretive production
due to COD of both phases of IRPC-CP and the better performance of Rayong Central Utility Plants as the industrial users are operating normally compared to the maintenance shutdown in Q1/2017. In
displayed; (3) fluctuation of the price or the operating results of the goods or the underlying to which the contract or the instrument makes a reference. In this regard, there shall be a statement clarifying
lowering the policy rate. According to the BOT’s Thailand economic outlook, the Thai economy is projected to contract by 5.3 percent in 2020 (under the key assumption that the Covid-19 outbreak in Thailand
reference. 14 Notification of the Capital Market Supervisory Board No. TorThor. 35/2556 Re: Standard Conduct of Business, Management Arrangement, Operating Systems, and Providing Services to Clients of
reference. Notification of the Capital Market Supervisory Board No. TorThor. 35/2556 Re: Standard Conduct of Business, Management Arrangement, Operating Systems, and Providing Services to Clients of