increased income from the sale of electricity generated by a solar power project in Thailand. Selling and administrative expenses - Selling and service expenses In Quarter 3 of 202 0 , selling expenses
, normalized share of profit from associates and joint ventures in power business increased by 41.7%, according to the number of days in operation of GHECO-One compared to the previous year that had a planned
power and increased price competitiveness. For the business outlook for Q3/2020, the trend of the Thai economy is expected to contract compared to the same period of 2019 from the COVID-19 pandemic
coverage and 3) supporting the business operation of MACO in Malaysia, and 4) strengthening overall bargaining power from increased scale. VGM Business Overview* *More commentary on the VGM transaction can
biomass power plants which increased by Baht 111.0 million as the result from successfully achieved Commercial Operation Date (COD) of Khlong Khlung SPP Hybrid Power Plant (Biomass and Solar Rooftop) in
) before FX, deferred income tax, impairment and impact of lease income for Q2/2017 of power generation business increased by 738 million Baht, comparing to that of Q2/2016, mainly due to an increase in the
Generation business Profit (loss) before the effects of foreign exchange, deferred income tax, impairment and lease income for Q1/2018 of power generation business increased by 14,315 million Baht, comparing
Operating Results in Power Generation business Profit (loss) before the effects of foreign exchange, deferred income tax and lease income for Q1/2019 of power generation business increased by Baht 1,028
Management Discussion and Analysis 1. Significant events in the third Quarter of 2019 1.1 The progress in construction projects 1.1.1 Project completion - SBPL Project, a project of San Buenaventura Power Ltd
, which mainly represented one-time Excessive Charge was Baht 106.8 million in 2019, or increased by Baht 86.0 million. Power Business In 2019, our Total Revenue from Power Business and Share of Profit from