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
gain / (loss) from FX – Non-recurring income / (expense) KEY FINANCIAL HIGHLIGHT Sales and Service Income • Sales and service income increased 13.5% year- on-year from Baht 27,747 million in 2016 to Baht
CPO to be used for electricity generation which is under considering by the government. Natural fatty alcohols (FA) market in 2Q2020 moved downward from the same period of previous year, negatively
contributing to the earnings. Organic growth is calculated as the change in production on a like-for-like asset footprint basis Notes We recommend that investors always read the MD&A together with the published
B7, which increased from B3, B5 and B7 in previous year. Fatty Alcohols(FA) market in 2017 had improved from previous year, driven by demand for Natural FA since its price could compete to Synthetic FA
July 2018 with a gain from business combination of Baht 276 million which should be amortised by Baht 12 million per annum along the PPA life. BGRIM started to consolidate BGYSP’s financial statement in
for the various projects underway which are not yet completed and have not yet started contributing to the earnings. Organic growth is calculated as the change in production on a like-for-like asset
not yet completed and have not yet started contributing to the earnings. Organic growth is calculated as the change in production on a like-for-like asset footprint basis Notes We recommend that
: * Normalized net profit = Net profit – Unrealized gain / (loss) from FX – Non-recurring income / (expense) B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis 2017 2018 % change Q3’2018
57.6 664.6 58.9 1,942.9 57.2 1,935.4 59.3 > Natural Gas Power Plant 2.3 0.2 1.2 0.1 6.4 0.2 3.2 0.1 > Solid Waste Power Plant 25.3 2.2 24.4 2.1 76.8 2.2 75.2 2.3 > Solar Energy Power Plant 1.8 0.2