. The main reason was the decrease in revenue from finance lease contracts in the amount of Baht 99.84 million. Additionally, the power plant generated electricity less than the previous year. 2.2 Revenue

a slightly decrease in average electricity price. The main reason for this Ft adjustment is to reflect the lower natural gas costs which are the main costs of electricity generation. Electricity usage

% due to the increase in electricity sales volume. In addition, the maintenance schedule of main customers in Q1/2018 causing the gross profit in this quarter to increase by Baht 24 million or 3%. • IRPC

, decreasing by THB 380.44 million. The main reason was the recognition of loss on foreign exchange as AUD currency depreciated in relative to USD currency. However, the operating result for the 1st quarter of

the 1 st quarter of 2017 in the amount of Baht 1,337.90 million (excluding fuel costs of Baht 7,074.14 million). The main reason was from the decrease in cost of sale of Ratchaburi Electricity

MD&A Q2Y2017 _E_ 09.8.17 Ratchaburi Electricity Generating Holding PCL Management Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 2017 Management Discussion and

services consists of cost of sales from electricity generation and distribution and costs of services and rental from provision of services and development of renewable energy projects. For the year 2018

, gross profit of the Houay Ho power plant also decreased along with the lower demand for electricity from EGAT as a result of the lower power generation. On the other hand, gross profit from Sriracha Power

. The main reason for this Ft adjustment is to reflect the lower natural gas costs which are the main costs of electricity generation. Electricity usage during Jan to July 2020 decreased by 2.7% from the

has shown consistency in the sales of both electricity and steam to industrial users when comparing to the previous quarter showing the ability and capability of both companies to operate stably