% - 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
meeting, and has voting rights, excluded the vote of shareholders who has conflict of interest. Furthermore, there is a resolution passed to confer the power regarding (1) the determination, and alteration
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
to store excess electricity to be used during peak demands in order to help optimize and stabilize power system at the Science & Innovation Centre of GC, Rayong and “Smart city” pilot project for
, VAVA has no relationship with the Company, or with (1) directors and executives, (2) persons with power of control, (3) major shareholders of the Company, nor other companies 14 which have persons
power of control, (3) major shareholders of the Company, nor other companies which have persons described in (1), (2) or (3) as a major shareholder or person with power of control. The Company and VAVA is