and amortization) (THB million) Industrial and chilled water +7% YoY +18% QoQ Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q1/2018 Selling and administrative expenses In Q1
(THB million) Natural gas (SPP) Maintenance fee Other raw materials Others Cost of sales and services (exclude depreciation and amortization) (THB million) Industrial and chilled water +66% YoY +7% QoQ
decreased by Baht 1 million mainly due to the increase in total cost of sales of goods and rendering of services from Combine Heat and Power Producing Company Limited (CHPP) despite the increase in chilled
+ Financial Lease (IPP) Electricity (SPP+VSPP) Steam QoQ -1% YoY -9% Industrial & chilled water, nitrogen and others Cost of Sales (THB million, %) QoQ -4% YoY -11% Executive Summary Small Power Producer (SPP
materials Others Cost of sales and services (exclude depreciation and amortization) (THB million) Industrial and chilled water +29% YoY -10% QoQ+20% YoY -12% QoQ +24% YoY +22% YoY 9 22% 15% 41% 53% 35% 29% 2
and rendering of service of SPP decreased following the lower natural gas cost and maintenance cost. Power + Financial Lease (IPP) Power (SPP+VSPP) Steam Industrial water, Chilled water, Nitrogen and
of Services (Exclude depreciation and amortization) Operating Results Analysis of Company Performance Power+Financial Lease (IPP) Power (SPP+VSPP) Steam Industrial water, Chilled water, Nitrogen and
, Cookie Wafer, Bakery Mix & Frosting , Frozen and chilled and products as well as fruit juice and refreshment products. The revenue from Industry Product slightly increased Baht 5.3 million or increased 0.8
materials Others Cost of sales and services (exclude depreciation and amortization) (THB million) Industrial and chilled water 33% 17% 54% 71% 5% 5%5% 3%3% 4% 8,471 8,798 1H/60 1H/61 31% 13% 20% 56% 75% 68% 5