construction of Lumphun Plant were included in administrative expense, while cost of distribution decreased from sales volume. In the third quarter of 2018, the company did not have financial cost, as the

Baht or 20%. In the year 2018 Administrative expenses, including the asset impairments of under construction in Lamphun Plant in the amount of 21 Million baht, while the cost of distribution decreases

2018. Operating expenses which included the write-off of plant and equipment increased by Baht 23.3 million or 3.4% compared to year 2018. Additional finance costs of Baht 16.1 million or 182.7% were

financial costs in the income statement were mainly from operations of ETC’s power plant. Summary of income statement for the nine-month period ended 30th September 2020 Item Nine months ended 30th September

such transaction will be beneficial as well as enhance UPA?s business competitiveness and performance. In addition, a temporary 6-20 MW power plant has already generated and sold electricity since June

decreased was mainly from GHECO-One Power Plant operated only 48 days mainly due to scheduled major maintenance resulted availability of power plant decreased from 91.2% in 1Q2018 to 50.3% in 1Q2019

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

investors. The proceeds will be used to support financing of Rayong Waste to Energy (WTE) project and solar power plant projects as parts of GPSC’s plan to scale up our renewable businesses. GPSC’s senior

accounting standards under WHA level. However, the genuine gross margin was 55.3%. Utilities & Power Business 2018 2019 Increase/ (Decrease) THB mm THB mm % Revenue 2,095.1 2,258.7 7.8% Gross Profit 895.2

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