electricity to Industrial Users (IU) 1.1 1.6 (0.5) (31.3) Sales of steam (IU) 2.5 4.9 (2.4) (49.0) Sales from Natural Gas Power Plant 422.3 470.8 (48.5) (10.3) Sales of electricity - FiT, Base tariff and Ft
, the government has implemented the biodiesel B20 for large fleets and agricultural machinery since 2nd July 2018. As for natural fatty alcohols, in 3Q2018, its price was being more competitive to
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
of natural gas corresponding to the crude oil price in the world market, the new accounting standard (Thai Financial Reporting Standard) regarding the financial instruments (TFRS 9) and the lease
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
incurred from the acquisition of GLOW. However, the net profit of the company excluding amortization of the difference between fair value and book value of the net assets of GLOW (Adjusted Net Income
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
service under a Power Purchase Agreement increased by Baht 104.2 million as a result from increase in unit of electricity sold and unit price which is adjusted in line with natural gas price. Sales of
than that of 2Q2017. Under these circumstances, the government has maintained B7 mandate in this quarter, comparing to the mandate of B5 and pushed to B7 on May 8th, 2017. For Natural Fatty Alcohols (FA