Absolute Clean Energy Public Company Limited 140/6 ITF Tower 7th floor Silom road, Suriyawong, Bangrak, Bangkok 10500 No. ACE-ACC-1/2019 12 November 2019 Subject Management Discussion and Analysis
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
of IRPC Clean Power Phase 2 (IRPC-CP Phase 2) in November 2017, in which GPSC holds 51% equity, has expanded the electricity generating capacity allowing the company to increase the volume of
contracts with customers” (TFRS 15), foreign exchange, and deferred tax asset. Normalized net profit clearly reflects the company's true earnings from its normal operations. In Q1/2019, the NNP was Baht 1,053
Connected transaction related to asset acquisition. 4.3 Details of asset a. Two units of clean room equipped with the air conditioning system having a total area of 1,039 square meters. b. One unit of
the end of last year. There has also been full-year recognition of Bowin Clean Energy’s performance which achieved COD in late 2016. Financial costs decreased by 33.5%, mainly from the fact that the
its normal operation since 6 Februay 2017 after planned major maintenance According to the Power Purchase Agreement (“PPA”) with Electricity Generating Authority of Thailand (“EGAT”), which based on
Baht 415.3 million of Share of Profit, Resumes its normal operation since 6 Februay 2017 after planned major maintenance According to the Power Purchase Agreement (“PPA”) with Electricity Generating
Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 31 March 2021 of the Company and the subsidiaries
) amounted to Baht 5,177 million, reflecting actual profits from its normal operations. For Q4/2019 compared to Q3/2019, the Company’s net profit increased by Baht 252 million, although EBITDA decreased by