cost management for electricity generation of our gas- fired power plants which contribute approximately 70% of our portfolio capacity. Land Lease Agreement for U-Tapao hybrid project On June 26, 2020

cycle cogeneration power that commenced COD on October 1, 2018. It has an installed capacity of 133 MW and sells electricity to EGAT 90 MW under a 25-year PPA. The project was able to achieve COD as

3,175 million, increased by Baht 475 million or 18% from 2016. The increase is mainly due to the rise in sales of electricity and steam generated from the rise in demand of industrial users. Also, the COD

Reviewed Consolidated Financial Statements of the Company as at 30 September 2018. The transaction is classified as a Class 2 transaction, and thus the Company has a duty to prepare a report and disclose the

participating profit from investment in associated companies and a joint venture in Q1/2018, compared with those in the same period last year, comes mainly from the increase in the amount of water and electricity

178.76 109.66 Revenue from sales electricity 93.21 92.22 Revenue from sales and services 4.10 3.45 Gain on investments 8.62 1.28 Gain on exchange rate 67.04 - Other income 5.79 12.71 EXPENSES (115.93

a building and the installation of electricity-generating machinery at the exaggerated price of 58 million baht. Nongree Power Plants, approved by Mr. Bhusana, paid for the first instalment of 12.48

quarter 1/2018 4. Trading began to recognize revenue in quarter 1/2018 Operating results classified by business are as follows: Management service business Revenue from management service decreased Baht

budget. The projects already contributed Baht 183 million revenue in Q2’19 based on the 20-year PPA with Electricity of Vietnam (EVN) with tariff of USD 9.35 cent per kWh. DT1&2 solar projects and Phu Yen

net profit margin increased from 27% in the second quarter of 2019 to 35% in the second quarter of 2020 because its sales of electricity increased as it recognized RH’s and AVA’s sales of electricity in