of profit (loss) of associates 173 133 -23.1% 53 29 -45.3% Gain (Loss) on exchange rate (28) (14) -50.0% 94 (14) -114.9% B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis
adjustment of compensation rate for company’s and its subsidiaries’ employees who achieves 20 years service or more from 300 days to 400 days. The selling and administrative expenses from the power plant
Power Plant decreased from the same period of last year amounting to Baht 51.8 million or 9.9 percent. The decrease mainly came from lower of electricity unit sold due to planned-shutdown and lower rate
associate and our joint ventures, namely ABPIF, BGYSP and BGSENA. Gain (Loss) on Exchange Rate We recorded a loss on exchange rate of Baht 28 million for 9M’2017 FINANCIAL PERFORMANCE 7 B.GRIMM POWER PUBLIC
Power Plant Project in the Republic of Indonesia On April 7, 2017, RH International (Singapore) Corporation Pte. Ltd. (“RHIS”), an indirect subsidiary, entered into a Joint Venture Agreement to establish
rate in the amount of Baht 13.12 million, due to the appreciation of USD currency. 3.2.2 The share of profit from Hongsa Power Company Limited ("HPC"), a joint venture in proportion of 40 percent
power plants after gas turbine upgrades. The adjustments on NNP in Q1’2020 were primarily attributable to: • A non-cash unrealized loss on exchange rate of THB 886 million, mainly from the balance of US
104 -10.3% 50 53 6.0% Gain (Loss) on exchange rate -17 0 -100.0% -93 94 -201.1% B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis FINANCE COST AND TAX ABBREVIATION & OUR
on exchange rate in the amount of Baht 75.51 million. 2.1.4 The profit of Ratchaburi Power Company Limited, a joint venture, in a portion of 25 percent, decreased in the amount of Baht 126.49 million