receivable of 91,028 million baht as of February 28, 2022, increased by 4% from as of February 28, 2021 due to increase of number of credit cards and spending and relaxing disease prevention of COVID-19. This

material cost of natural gas. This is the mechanism of the price formula which had the intention to give natural gas power plant keep the level of gross profit by mitigating the risk of natural gas price

(the day following to the expiry date of the existing leasehold right) until 15 August 2055. In this regard, CPNREIT will agree on the terms and conditions of the new agreements in order to invest in the

is no gain on sale of written-off receivables in second quarter this year. Expenses The Company’s expenses mainly consist of operating and administrative expenses, expected credit loss and finance cost

-purchase income were 1,029 million baht, reduced by 44 million baht or decreasing 4.1% y-y due to selective approach in credit judgement amid remaining high risky economic factors in this year. However, the

of Baht 19.5 million and 3.8%, respectively. This was the result from the increasing in cost of sales and service and the decreasing in sales from FiT premium as the result of expiration of FiT Premium

on foreign currency exchange rate was Baht 153.4 million in Q4 2023, compared to a loss on foreign currency exchange of Baht 237.0 million in Q4 2022, caused by appreciation of Thai Baht. This loss on

. In this regard, the Company still uses the same stock symbol “RATCH”. 1.6 Establishment of Hin Kong Power Holding Company Limited and Hin Kong Power Company Limited On May 24, 2019, the Company has

GFPT Public Company Limited Management Discussion and Analysis for the Year 2019 Page 1 of 14 Management Discussion and Analysis This MD&A report has been prepared based on the consolidated of GFPT

financial position for the fourth quarter and year ended December 31, 2019 with those of 2018. This report discusses principal changes in the audited consolidated financial statements. Overall market