total amount of THB 3,445 mn. Hence, CPN effectively has 67.53% ownership in GLAND as announced to the Stock Exchange of Thailand (SET) on November 5, 2018. For the consolidated financial statements at
service of electricity engineering. • Property, plant and equipment has increased Baht 30.22 million, as a result of assets for solar energy. • Restricted cash decreased by Baht 6 5 . 2 4 million because
. Due to sell and transfer of Chatuchot land ownership. 2 Rental income and service revenue and other income The Company and its subsidiaries’ rental income and service revenue earned increase of THB 1.28
Energy Installed Capacity 4.8 MW Economic Ownership 48.0% SCOD 31 December 2019 PEA PPA 4.0 MW / 20 years % Progress 50.7% Progress on track B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and
before Interest, Taxes, Depreciation and Amortization EDL = Electricite Du Laos EGAT = Electricity Generating Authority of Thailand ERC = Energy Regulatory Commission EPC = Engineering, Procurement and
investment in Pracharath Project for 3 Southern Provinces. Ferrum Energy Co., Ltd. (“Ferrum Energy”) shall invest for this amalgamation. Ferrum Envergy is the subsidiary of Ferrum Capital Co., Ltd. (“Ferrum
service of electricity engineering. • Property, plant and equipment has increased Baht 30.22 million, as a result of assets for solar energy. • Restricted cash decreased by Baht 6 5 . 2 4 million because
decrease was derived from engineering service, solar energy, and Trading business. • Overall gross profit margin decreased from 13.3% to 9.1% amount Baht (24.09) million. 2019 2018 Revenue 383.44 443.08
Power Plant: Although the revenue in Q2/2017 decreased by 11% due to the decline of Energy Payment (EP) from the decrease in submitted electricity volume to Electricity Generating Authority of Thailand
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