after the ERC Announcement or by March 2, 2018. First Recognized Revenue from EDL For Q3’2017, we first recorded revenue arising from electricity sales to EDL in the amount of Baht 59 million generated
546 363 1,852 1,885 2,569 1,814 1,701 1,802 116 111 116 4,461 4,243 4,850 Q4/16 Q3/17 Q4/17 Electricity (SPP+VSPP) Stream +4% YoY +16% QoQ Natural gas (IPP) -7% YoY Electricity (IPP Revenue (THB million
result of the rise in natural gas prices while the Ft rate remained unchanged. Also, Sriracha Power Plant and IRPC-CP had maintenance shutdown in Q4/2018. The operating revenue in Q4/2018 was at Baht 5,837
result of the rise in natural gas prices while the Ft rate remained unchanged. Also, Sriracha Power Plant and IRPC-CP had maintenance shutdown in Q4/2018. The operating revenue in Q4/2018 was at Baht 5,837
selling price of steam corresponding to the fall in natural gas price. • Revenue of Very Small Power Producers (VSPP) decreased by Baht 13 million mainly due to the revenue of Combine Heat and Power
Payment (EP). Also, the revenue from the Availability Payment (AP) decreased because of the decline in the Weight factor. Cost of sales and services (exclude depreciation and amortization) • Natural gas
Natural Decline Curve 2. Sales Revenue increased following Dubai crude oil price, with average Dubai price in Q1/2018 was at 63.96 $/BBL while in Q4/2017 was at 59.31 $/BBL. 3. In the quarter, there was a
higher level of cassava price. Natural Resources business Group Exploration and Production business recorded lower revenue, as sales volume was reduced to realize only Nido & Martinloc, after the company
due to the higher cost of fresh cassava and cassava chips. Natural resources business, exploration and production business recorded a decreased revenue, as there were no performance contribution from
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