Total (Baht) Buyer 1. ZW POWER COMPANY LIMITED (“ZW”) 24,990 10.00 249,900 “CWTG” 2. ZW POWER COMPANY LIMITED (“ZW”) 1,224,509 2.50* 3,061,272.50 “CWTG” Total 1,249,499 3,311,172.50 * 1. Par value of “GP
of the previous year. The increase is owing to the increase in the profit of Hongsa Power Company Limited, a joint venture, in a portion of 40 percent. In addition, the acquisition of RATCH
increase in the investments according to the additional paid up in the capital of GPSC’s associate, Xayaburi Power company Limited (XPCL), which is in the process of constructing a hydro power plant in Lao
2016, the plant had generated a higher profitability in 2017 than in 2016. Furthermore, in 2017 GPSC received dividend income from Ratchaburi Power Company Limited (RPCL) amounting to Baht 270 million
. Furthermore, in Q3/2017 GPSC received dividend income from Ratchaburi Power Company Limited (RPCL) amounting to Baht 150 million and recognized income from the contractor at IRPC-CP Phase 1 amounting to Baht 66
net profit increased by Baht 172 million or 23% even though the company did not receive dividend income from Ratchaburi Power Company Limited (RPCL) as in Q1/2017. The increase in net profit is mainly
on return and performance of the company. Significant events in Q2/2018 4 Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q2/2018 • GPSC received Most Innovative Power Company
were as follows:- Management Discussion and Analysis For the Year Ended December 31, 2017 Page 6 2.1.1 The profit of Hongsa Power Company Limited ("HPC"), a joint venture, in a portion of 40 percent
Asia Energy Limited 68.86 Solar Power Company Limited (Korat 3 4 7) 46.27 Others 50.19 Total 2,615.99 4.1.4 Trade accounts receivable from related parties of Ratchaburi Electricity Generating Company
operations of projects in 2019 which are Rayong Central Utility Plant 4 (CUP-4), Namlik 1 Power Company Limited (NL1PC) and Xayaburi Power Company Limited (XPCL), notwithstanding the recognition of expenses