, as a result of asset recognition from the construction of Rayong Central Utility Plant 4 (CUP-4) and the additional paid up in the capital of company’s related parties. Moreover, for the year 2018, the
partly down to CPN’s continuous effort to conserve energy usage. Hence, the cost-to-revenue ratio is expected to be similar to the magnitude of last year amidst the increasing trend of electricity Ft rate
, mainly from net borrowing (after deducted loan repayments) of Baht 2,165 million for construction payments and the additional paid up in the capital of company’s related parties. There was the increase in
388 million or 8.5% from Baht 4,571 million as at 31 December 2018, mainly due to capital raised through IPO and the operating profit during 2019. 5,969 5,762 2,379 2,257 1,494 1,451 1,109 1,155 308 388
27.2% in Q1’2018 because of 1) slight increasing of selling price per unit to from a slow adjustment of Ft charge but an 18.7% increase in gas cost and 2) y-on-y higher scheduled maintenance. However
operations include (i) natural gas price and coal price that continued to drop further from previous quarter resulting in lower costs of sales and increasing industrial customers sales margin in spite of the