% 680.5 1,124.4 65.2% Sales of electricity to Industrial Users (IU) 1.4 1.0 0.8 (20.0%) (42.9%) 2.5 1.8 (28.0%) Sales of steam (IU) 2.9 1.4 0.8 (42.9%) (72.4%) 5.4 2.2 (59.3%) Sales from Natural Gas Power

1,079.9 70.1% Sales of electricity to Industrial Users (IU) 1.0 0.8 0.8 0.8 - - 5.0 3.4 (1.6) (32.0%) Sales of steam (IU) 1.4 0.8 1.1 0.7 (0.4) (36.4%) 8.4 4.0 (4.4) (52.4%) Sales from Natural Gas Power

Natural gas (IPP) Natural gas (SPP+VSPP) Maintenance costs Others 59% 60% 63% 10% 9% 4% 18% 18% 18% 4% 4% 4% 9% 10% 10% 14,062 12,943 12,488 Q2/19 Q1/20 Q2/20 Coal GPSC - Q2/2020 Management Discussion and

of Thailand. The company has informed the Stock Exchange of Thailand (SET) to make a tender offer for GLOW’s remaining stock of 4.75% at the offering price of 90.8136 Baht per share, in which the

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

shares to the shareholders of the Company at the offering price of Baht 56 per share. As a result, the company has a total ordinary shares of 2,819,729,367 shares and have changed the paid-up capital to a

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

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

, 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

. In addition, GPSC had received a share of profits from Bangpa-in Cogeneration Company Limited Phase 2 (BIC2) which Commercial Operation Date (COD) in June 2017 and there was the first full year to