, decreased by Baht 153 million or 15% from Q2/2018. The drop was due to the rise in natural gas prices while Fuel tariff (Ft) rate remained constant; therefore, the gross profits of Rayong Central Utility

synergies of the acquisition contributed to the growth in revenue while variable cost synergies (particularly on fuel specific consumption optimization) contributed positively to consolidated EBITDA

repayment of short- term borrowings from financial institutions by using money gained from trading of its ordinary shares in the MAI stock exchange. • Other current assets decreased by Baht 35.06 million

cash equivalents remaining from the proceeds of initial public offering after deducting the repayment of loans from commercial banks. Liabilities As of 31 December 2018, and 31 March 2019, the Group had

repayment and interest expense in accordance to the concession agreement. Cost of service amounted to Baht 2,320 Million representing an increase from the same quarter of the previous year by Baht 41 Million

-Translation- Ref. No. PorBor.025 / 2019 August 28, 2019 Subject: Entering into Transaction of Disposing of Subsidiary’s Land and Buildings for the Debenture Debt repayment To: President The Stock

-Translation- Ref. No. PorBor.025 / 2019 August 28, 2019 Subject: Entering into Transaction of Disposing of Subsidiary’s Land and Buildings for the Debenture Debt repayment (Additional) To: President

-Translation- Ref. No. PorBor.025 / 2019 August 28, 2019 Subject: Entering into Transaction of Disposing of Subsidiary’s Land and Buildings for the Debenture Debt repayment (Additional information

million due to corresponding to EGAT’s dispatched instruction resulting in higher fuel consumption. • Small Power Producer (SPP): The gross profit increased by Baht 2,115 million as a result of the first

renewable energy by supporting power plants that use fuel from biomass and wastes, as well as solar rooftop system and energy storage systems. This is a positive factor that supports the expansion of