% of total issued and paid- up shares was accepted for a 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
, namely the US, the Eurozone and China, as well as in emerging economies including here in Thailand. These improvements were reflected in the World Economic Outlook of the International Monetary Fund, which
., a subsidiary of the company, recorded a revenue of THB 890 million (+17% YoY, +11% QoQ), an increase from the previous year due to the gradual commencement of Solar Power Plants both in Thailand and
Competition 1.1 Electricity industry and Economic situation in Thailand In 2017, Thailand’s peak demand was 28,578 megawatts on 4 May at 02.20 pm, lower than the peak demand of 29,619 megawatts in 2016 by 3.51
exhibit a slowdown. The tourism sector was impacted by the Phuket boat incident and partly resulted in, after seasonal adjustment, the continued decline in the number of foreign tourists during the month of
, oil price started tumbling, increasing marketing margin. Power plant business recorded a higher total electricity sales both from the solar power plants in Thailand and Japan. For projects in Thailand
Page 2 Management Discussion and Analysis 1. Power Industry and Competition 1.1 Electricity industry and Economic situation in Thailand Thailand’s economy expanded by 2.4 percent in 2019, lower than 2018
circumstances, the Bank of Thailand lowered the Thai economy growth outlook in 2019, from 4.1% to 3.8%, as well as maintain the policy rate at 1.75% to balance the economic growth momentum and the stability of
Statement for Thai-incorporated Company to offer for sale of securities in Thailand and ASEAN member country simultaneously or in proximate period (ชือ่บรษัิททีเ่สนอขายหลักทรัพย)์ (Commercial Name of the