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, decreased by Baht 153 million or 15% from Q2/2018. The drop was due to the rise in natural gas prices while Fuel tariff (Ft) rate remained constant; therefore, the gross profits of Rayong Central Utility
full quarter of recognizing gross profit from GLOW’s SPP plants of Baht 2,389 million. As for the company’s SPP plants, gross profit decreased by Baht 274 million due to the 10% growth of cost of natural
margin decreased 5% from Q1/2018, because of the growth rate of natural gas price and the rise in finance cost from interest payment and short-term loan financing fee related to the acquisition of GLOW
plants of Baht 2,340 million. As for GPSC’s SPP plants, gross profit decreased by Baht 38 million due to the growth of cost of natural gas following the rise in both quantity required and average price. In
plants, gross profit increased by Baht 103 million due to the increase in electricity sales volume resulting in the increase in revenue from selling electricity while the average natural gas price per unit
addition, GPSC continues to seek new opportunities such as any renewable energy in neighboring countries as they are more attractive than in Thailand now. The company gives weight to the continuous
(NL1PC). However, the company’s net profit in 2018 did not increase significantly because natural gas prices had increased substantially in the second half of 2018 while the Fuel tariff rate (Ft) almost
(NL1PC). However, the company’s net profit in 2018 did not increase significantly because natural gas prices had increased substantially in the second half of 2018 while the Fuel tariff rate (Ft) almost
increased by Baht 129 million or 19% because of the increase in selling price resulted from the increase in the Ft rate as well as the Weight factor in conjunction with the low cost of natural gas when