% - 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
% - 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
Covid-19 pandemic, which severely affected purchasing power and demand globally. Tourism sector faced a catastrophe, started heavily in March, after most of the countries announced travel restrictions
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
of 2019. Exports, tourism and private investment – among major economic activities – were hampered by the worse-than-expected global economic slowdown. Meanwhile, consumers’ purchasing power weakened
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