, decreased by Baht 153 million or 15% from Q2/2018. The drop was due to the rise in natural gas prices while Fuel tariff (Ft) rate remained constant; therefore, the gross profits of Rayong Central Utility
, 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
equities ratio Firm size ln_TA Natural logarithm of total assets Growth Rate Growth (Revenuest-Revenuest-1)/Revenuest-1 Industry INDUSF Industry fixed effect Country COUNF Country fixed effect Year YF Year
to remain at the same rate if there is no significant change in natural gas price and the appreciation in Thai Baht. However, during September and December of 2018, Ft rate is expected to be adjusted
increased by Baht 129 million or 19% because of the increase in selling price resulted from the increase in the Ft rate as well as the Weight factor in conjunction with the low cost of natural gas when
power production such as natural gas, as well as the depreciation of Thai Baht against US dollars. These are measures to support the electricity consumers; however, there is still no measures to support
(NL1PC). However, the company’s net profit in 2018 did not increase significantly because natural gas prices had increased substantially in the second half of 2018 while the Fuel tariff rate (Ft) almost
the drop in natural gas cost and maintenance cost that varies to the operating hours. Consequently, the gross profit increase by Baht 18 million or 9% from Q2/2017. • Rayong Central Utilities Plant
and Exchange Commission, Thailand (SEC)* 3. Office of Natural Resources and Environmental Policy and Planning (ONEP), Ministry of Natural Resource and Environment 4. Department of Alternative Energy