length as per customers’ requirements. The Company and its subsidiaries therefore sold scrap and recorded as the other income. 1.3 Cost of goods sold Major cost of goods sold are cost of raw material such

the fuel material cost of natural gas. However, sales of biomass power plants increased by Baht 174.0 million since in 2023 the biomass power plants had shutdown hours to improve the power plants

in line with the fuel material cost of natural gas. In addition, sales of municipal solid waste power plants also decreased as the result of the expiration of Adder period of one municipal Sales and

Structure ▪ Assets of the Company The registered capital of the Company is Baht 80 million and the paid-up amount is Baht 60 million that consist of 60,000,000 common shares with a par value of Baht 1.00

USD/Ton. The increase in crude palm kernel oil price in quarter 3/2017 was resulted from the higher demand as it can be raw material that substitutes coconut oil of which price was rising from tight

require some adaptations of traditional regime to accommodate digital process. Until then, offerings of any other types of securities such as equity shares or debentures will need to comply with the

Market; (3) the offer for sale of the debt securities may cause damage or unfairness to investors, or investors may not have received material information to support their investment decision making

August 2020, Asia Clean Energy Co. Ltd., a subsidiary, acquired common shares of 3 biomass power plants in the proportion of 100 percent with the consideration paid of Baht 464.6 million. From comparison

975 2,129 118% 43% Shares of profit of associates and joint ventures 152 157 130 (17%) (14%) Net profit for the company 922 486 942 94% 2% Normalized Net Profit 990 578 1,053 82% 6% Gross profit margin

acquisition of Glow Energy Public Company Limited (“GLOW”) in December 2019, the Company holds 99.83 percent of GLOW's total issued and sold shares, therefore in Q1/2020, the company recognizes the full