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electricity has risen following the Weight Factor and the increase in price of natural gas. Comparing Q1/2019 vs Q4/2018 Comparing Q1/2019 vs Q1/2018YoYQoQ IPP PAGE 10PAGE 10 MANAGEMENT DISCUSSION & ANALYSIS
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raw materials and electronics, electricity supply industry not growth due to economic slowdown. - Cost of the sales and services of 2018 was 88.84% decreased to 88.13% at 2019 or decreased 0.71% from
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force to accommodate both public and private sectors to set up infrastructure funds. Currently, three sizable infrastructure funds investing in rail transportation, electricity, and telecommunication have
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