natural gas and coal price and higher electricity and steam demands of industrial customers of Rayong Central Utility Plant (CUP) despite lower electricity and steam demands of industrial customers of GLOW
% due to the small decrease in electricity and steam sales volume subject to the demand of industrial customers in each period. In addition, the natural gas prices increased while the Ft rate maintained
decreased by Baht 309 million due to the 14% growth of cost of natural gas that exceed the 6% growth of revenue from electricity and steam sales . • Very Small Power Producer (VSPP) and other: The gross
increase in electricity and steam average selling price from Rayong Central Utility Plants (CUP) and IRPC Clean Power (IRPC-CP) following the upward trend of natural gas price and Ft rate. Moreover, the
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 goods and rendering of services Cost of raw materials - Natural gas 2,013 2,165 2,183 1% 8% 8,549 8,322 (3%) - Steam 115 66 95 44% (17%) 425 329 (23%) - Water 42 42 43 2% 2% 155 164 6% - Others 45
Power Producer (SPP) decreased by THB 89 million or 2%. Despite revenue from electricity and steam sales dropped, natural gas cost also dropped contributing this quarter's gross profit to be maintained at
maintenance shutdown. In addition, the steam selling price has decreased following the decrease in price of natural gas. • The gross profit for Very Small Power Producer (VSPP) and other decreased by Baht 4
%) Cost of sales of goods and rendering of services Cost of raw materials - Natural gas 2,255 1,948 2,026 4% (10%) 4,395 3,974 (10%) - Steam 63 70 98 40% 56% 188 168 (11%) - Water 39 41 38 (7%) (3%) 73 79 8
1,034.45 Baht/ton in 2017, primarily due to a decrease in natural gas price as our steam price is generally adjusted to reflect changes in natural gas price. Electricity Sales to EDL • Electricity sales to