revenue from finance lease under a Power Purchase Agreement) for Q1/2021 compared to Q1/2020 increase by 8.0% from Baht 1,216.6 million to Baht 1,314.1 million. The increase of Baht 97.5 million, mainly
compared to Q1/2022 increase 7.4% from Baht 1,621.0 million to Baht 1,740.6 million. The increase of Baht 119.6 million, mainly derived from sales of biomass power plants which increased by Baht 42.0 million
customer with additional services, resulting in lower gross profit margin for this land transferred. Utilities & Power Business Q1 2018 Q1 2019 Increase/(Decrease) THB mm THB mm THB mm % Revenue 515.0 559.2
Dividend, a 29.0% increase from 2017 mainly from GHECO-One had higher Energy Payment Rate from higher power dispatch compared with the same period of last year which was the planned maintenance year
to WHAUP in May 2016). KEY HIGHLIGHTS We witnessesd solid performance from both Utilities and Power Business Utilities Business’s Operating Revenue was Baht 383.6 milion, a 7% increase YoY as
milion, a 9.1% increase YoY as planned reflected stable growth from both volume and price Share of Profit (Power Business) increased 166.4% YoY from 3Q2016 to record at Baht 553.8 million with foreign
accounting standards under WHA level. However, the genuine gross margin was 55.3%. Utilities & Power Business 2018 2019 Increase/ (Decrease) THB mm THB mm % Revenue 2,095.1 2,258.7 7.8% Gross Profit 895.2
% from those of last year, to 49,269 million baht. This was mainly due to an increase in sales of Power Electronic business group, especially sales of power supplies for automotive (Electric Vehicle
of Baht 25.7 million, mainly derived from sales of Natural Gas Power Plants which increased by Baht 25.7 million or 5.5%. The reason of increase is as a result from the first quarter of 2020, there was
Baht 825 million for the six months ended June 30, 2017, primarily due to an increase in operation and maintenance costs arising from the inclusion of the new power plants described above. Other cost of