the COVID-19 outbreak result of crude premium to adjust downward with significance. Despite the finished product and reference crude price crack spread for most products had been declining continuously
irradiation hours. The wind power plant business in the Philippines recorded a share of loss of THB 4 million as it was the low season. Moreover, BCPG Plc. had paid for the share acquisition in the amount of
in September, while the company was unable to adequately adjust retail prices to keep up with the increasing product cost. Power Plant Business Group earned lower revenue from sales and rendering of
2,516.29 million, respectively. Management Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 2020 Page 3 1. Significant Events of the 2 nd Quarter of 2020 Thanh Phong Wind
commercial operation of Mount Emerald Wind Farm Project and Collinsville Solar Power Project on December 12, 2018 and March 21, 2019, respectively this resulted in the increase in revenue from sales and
operation of the “Lom Ligor” wind power plant project, and the Solar Power Plant project in conjunction with the private floating solar “Bang Pa- In” . Furthermore, the company extended its investment into
company’s cumulative market share for January to May 2018 to be at 15.7%. Net Marketing Margin softened as global crude price rose continuously, while retail prices were able to adjust at a slower pace, also
with minimal mass of clouds, leading to increase solar irradiation. Meanwhile in Thailand, the wind power plant project, “Lom Ligor” at Pak Panang district, Nakhon Si Thammarat province (PPA 8.965 MW
” project in September 2019, the “Nam San 3B” project in February 2020, and the commencement of commercial operation of the wind power plant in Thailand, “Lom Ligor” . In spite of the aforementioned, the
the year 2016. The main cause is from the reduction of the compensation for loss of production and estimated construction cost of WTG’s foundations of Huay Bong 2&3 wind farms. Sales and administration