lower contribution from GHECO-One and lower power dispatch of HHPC. SPP  For 2019, 8 SPPs generated Baht 728.6 million of Normalized Share of Profit, a 12.6% increase from 2018 mainly due to newly COD of

dispatch from EGAT, comparing to the same period of previous year. Meanwhile, Availability Payment (AP) was decreased according to the PPA. BLCP: Unit : Million Baht Quarter 2 Change Increase (Decrease) 2019

according to the PPA and a decrease in electricity profit resulting from the lower dispatch from EGAT, comparing to the same period of previous year. Page 15 Quezon (Include PEPOI and QMS): Unit : Million

and ABPR5 which commenced commercial operation in February, June and October 2018 respectively, 2) seasonal impact (as the dispatch volume is usually soft in Q4) and 3) additional contributions from

รมำสท่ี 4 ปี 2561 ท ำให้รำยได้ค่ำควำมพร้อมจ่ำย เพ่ิมข้ึน นอกจำกน้ียงัมีรำยได้และปริมำณกำรขำยไฟฟ้ำเพ่ิมข้ึน ตำมกำรเรียกรับไฟฟ้ำ (Dispatch) จำก กฟผ. ท่ีเพ่ิมข้ึน หน้ำ 12 ค ำอธิบำยและกำรวิเครำะห์ของฝ่ำยจัดกำร