E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending March 31, 2019 In the first quarter of 2019, the Thai economy continued to
Profitability The profitability of the Company in 2016 increased from that of the year 2015 because the Company adopted measures on reducing expenses, such as electricity bill and expenses related to employees
such as the Trading and Installation Project for the centralized management infrastructure of information and communication technology of the Provincial Electricity Authority, the Project of information
while revenue from residential projects is expected to increase in 2H19 and accordingly with CPN’s business plan. In 2Q19, growth in the Thai economy decelerated primarily driven by a decline in export
/ litre respectively from October 2019 onwards. In addition, the Electricity Generating Authority of Thailand ( EGAT) has been assigned to purchase crude palm oil to produce electricity continuously
: WHAUP is a strategic co-developer of power business. We currently have 447.1 equity MW under operation, and another 94.9 equity MW under construction. We partner with a number of key Thai and
period (during the low electricity tariffs) and the average capacity utilization was only 37.25%, thus, the current estimated useful lives under straight-line depreciation method caused the Company to
expenses 1,357.0 1,901.2 2,056.1 (544.2) (28.6) (699.1) (34.0) Profit for the period 117.2 136.9 137.2 (19.7) (14.4) (20.0) (14.6) In Q3-2021, the overall Thai economy began to improve from Q2-2021, due to
expenses 1,557.6 1,199.2 1,901.2 358.4 29.9 (343.6) (18.1) Profit for the period 121.6 166.2 136.9 (44.6) (26.8) (15.3) (11.2) In Q2-2022, The Thai Economy improved from the previous quarter and the number