% - Other Revenue from Utilities Business2 112.7 25.4 343.7% - Power Business 10.2 3.2 221.8% Costs of Sales and Services (1,164.4) (1,120.0) 4.0% Gross Profit 692.8 588.3 17.8% Gross Profit from Operation3
of the previous year. The increase is owing to the increase in the profit of Hongsa Power Company Limited, a joint venture, in a portion of 40 percent. In addition, the acquisition of RATCH
Office business continues its consistent performance. The revenue is contributed mainly by TST Tower (Bangkok) and 33 Gracechurch, (London). Office business in Thailand remains a landlord friendly market
/2024 7. Sustainability Development 7.1 Completed projects in Q3/2024 No. Project Type Project Name Key purpose 1 Environment Installation of 350 kW Solar Panels at the Headquarters 1. To reduce the
Project with capacity of 7,500 cubic meter per day in WHA Eastern Industrial Estate achieved Commercial Operation Date in 3Q’18. Power Business In 2018, our Share of Profit from Investment in Associates and
Memorandum in relation to Related Parties Transaction Re: the Disposal of Rights under Loan Agreement, Share Pledge Agreement and Memorandum of Understanding re: the Feasibility Study for the Solar Power Plant
%. • Normalized share of profit from power associates and joint ventures increased by 55.9%, standing at THB 244.5 mm. Increase in normalized share of profit from power associates and joint ventures was mainly due
innovation to create new business revenues or new S-Curve corresponding to the fast-moving environment of energy and electricity generation sectors and become an energy solution service provider of PTT Group
”. 1.2 Establishment of Hin Kong Power Holding Company Limited and Hin Kong Power Company Limited On May 24, 2019, the Company has established Hin Kong Power Holding Company Limited (“HKH”), which is the