, combined with crude oil price declining during the quarter leading to retail price at service stations remain optimal relative to the finished product cost. Power Plant Business, increased in total
Date (COD) of two phases in November 2017 and Ichinoseki Solar Power 1 GK (ISP1) started in December 2017. The share of profits of associates and joint ventures in 2018 also increased by Baht 78 million
, increased by Baht 130 million or 14% from Q1/18. The increase is mainly due to the rise in Availability Payment (AP) of Sriracha Power Plant and the increase in electricity sales of Rayong Central Utility
acquisition in March 2019. EBITDA • EBITDA increased 8.8% y-on-y from Baht 2,218 million in Q1’2018 to Baht 2,413 million in Q1’2019 due to new power plants operated in 2018. • EBITDA increased 9.6% q-on-q from
quarter increased from the previous year from the commercial operation of various solar power plants both in Thailand and Japan, but decreased from the entering of rainy season which lowered the average
Thailand which are the main source of revenue. Altogether, the amount of electricity sold increased both QoQ and YoY, from the commencement of commercial operations of the Thailand based wind power plant
force compared to the same quarter of the previous year. • Net share of profit from the Geothermal Power Plat business in Indonesia increased by THB 43 million. The improved performance is from the
price, combined with the total sales volume of the company increased by 4% YoY. Further, revenue from the Power Plant business and Bio-based Product business increased as well. 2. Gross Profit was
FY2019 Bangchak Corporation Plc. | 03 Table of Contents 06 09 29 25 27 31 Executive Important Events Summary Business Performance 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based