profit of GHECO-One due to lower Availability Payment from 8.5-day maintenance and a drop in average coal price. • Lower gross profit of HHPC due to lower electricity dispatch. • Gross profit of Small
Utilities Plant increased after the main customers resumed normal operation from the scheduled maintenance in Q2/2017 even though Sriracha Power Plant had lower dispatch volume to Electricity Generating
, increased by Baht 11 million or 3% compared to the first half of 2017 due to the decrease in hourly operating maintenance cost followed lower dispatch volume according to EGAT’s instruction. Sriracha Power
plant and higher weight factor. Besides, increased power dispatch of HHPC is another contribution of increased IPP gross profit. In spite of the above, Sriracha Power Plant's gross profit decreased by THB
company's true earnings from its normal operations. To exclude the assessment of the fair value of net assets and allocation of business acquisition costs as well as the effects of accounting standards, in
effect. Normalized Net Income clearly reflects the company's true earnings from its normal operations. In Q2/2019, the company had a NNP of Baht 1,217 million. Normalized Net Income PAGE 9PAGE 9 MANAGEMENT
maintenance in 1Q2017 and higher energy payment which is from higher power dispatch to EGAT in 1Q2018. The increase is also from higher coal price. - Five SPPs (Gulf VTP, Gulf TS1, Gulf TS2, Gulf TS3 and Gulf
, resulting in higher revenue recognition together with the increase electricity sales volume corresponding to EGAT’s dispatch instruction and the decrease in maintenance cost as a result of the expiration of
(EGAT) per EGAT’s dispatch instruction, the gross profit increased by Baht 52 million or 36% from Q1/2017 from the increase in the Availability Rate and the Weight factor. • Rayong Central Utilities Plant
management especially from the Cogeneration power plants. Although in 2017, the Sriracha Power Plant had lower dispatch volume to Electricity Generating Authority of Thailand (EGAT) compared to 2016 due to the