% Effective gas cost Baht/mmBtu 245.98 236.59 -3.8% B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis ABBREVIATION & OUR PROJECTS EXECUTIVE SUMMARY FINANCIAL PERFORMANCE FINANCIAL
further appropriate actions to establish consistency in the overall supervision of auditors and audit firms. In the quality control system inspection in 2020, the second year of the 4th inspection cycle
effective from the execution date until the 25 th year from the commercial operation date. The project is a combined-cycle power plant project that used natural gas as the main fuel with total contracted
high profit margin and also from effective marketing policy. (2) Analysis of Operating Results and Profitability (2.1) Revenues from Sales and Services Description Year 2018 Year 2017 Increase
shareholder in the amount of USD 9.51 million. The Company additionally received opportunity cost in the amount of Baht 10 million. Such sale of shares is a termination of joint investment for the development
information, the SEC relies on its vigorous audit inspection system to provide regular oversights on the works of the auditors. After the effective date of the SEC Notification on the Approval of Auditors in
Australia. The project cost is approximately AUD 359 million. It is scheduled to enter construction in the first half of 2019 and is anticipated to commence operations in 2020. 1.3 Signing of financial
year 2018 was Baht 422.85 million, which increased from the previous year by 2.73 percent, due to effective management of production cost and selling expenses. (2) Analysis of Operating Results and
distribution channels and use of business strategy, namely “Complete Set of Beauty, Entirely Filled with Diamond Brand”, as well as effective cost management having resulted in Corporate Group achieving highest
increase by Baht 42.70 million or an increase of 11.57 percent from the same period of previous year, due to effective management of production cost and selling expenses. Details of the changes or impacts