in revenue was the result of the start-up of IRPC-CP Phase 2 and ISP1 in Q4/2017 and the impact of selling price increase, which in line with upward trend of natural gas prices and Ft rate. Comparing
full quarter of recognizing gross profit from GLOW’s SPP plants of Baht 2,389 million. As for the company’s SPP plants, gross profit decreased by Baht 274 million due to the 10% growth of cost of natural
57.6 664.6 58.9 1,942.9 57.2 1,935.4 59.3 > Natural Gas Power Plant 2.3 0.2 1.2 0.1 6.4 0.2 3.2 0.1 > Solid Waste Power Plant 25.3 2.2 24.4 2.1 76.8 2.2 75.2 2.3 > Solar Energy Power Plant 1.8 0.2
plants of Baht 2,340 million. As for GPSC’s SPP plants, gross profit decreased by Baht 38 million due to the growth of cost of natural gas following the rise in both quantity required and average price. In
of natural gas corresponding to the crude oil price in the world market, the new accounting standard (Thai Financial Reporting Standard) regarding the financial instruments (TFRS 9) and the lease
(NL1PC). However, the company’s net profit in 2018 did not increase significantly because natural gas prices had increased substantially in the second half of 2018 while the Fuel tariff rate (Ft) almost
to remain at the same rate if there is no significant change in natural gas price and the appreciation in Thai Baht. However, during September and December of 2018, Ft rate is expected to be adjusted
service under a Power Purchase Agreement increased by Baht 104.2 million as a result from increase in unit of electricity sold and unit price which is adjusted in line with natural gas price. Sales of