, 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
natural gas and coal price and higher electricity and steam demands of industrial customers of Rayong Central Utility Plant (CUP) despite lower electricity and steam demands of industrial customers of GLOW
wever, the company’s SPP plants which is Rayong Central Utility Plants (CUP) gross profit has decreased by Baht 214 million due to the growth of cost of natural gas by 5% resulting in the higher
increase in electricity and steam average selling price from Rayong Central Utility Plants (CUP) and IRPC Clean Power (IRPC-CP) following the upward trend of natural gas price and Ft rate. Moreover, the
due to the rise in sales volume of electricity at Rayong Central Utility Plants as well as the fall in average cost of natural gas throughout 2017. In addition, there is an increase in the profit from
full quarter of recognizing gross profit from GLOW’s SPP plants of Baht 2,389 million. As for the company’s SPP plants, gross profit decreased by Baht 274 million due to the 10% growth of cost of natural
of main customers of Rayong Central Utility Plants in Q2/2017. Cost of sales and services (exclude depreciation and amortization) • Natural gas, which is the main operating cost of the company, in Q2
decrease in price of natural gas and coal. • The gross profit from GPSC’s SPP plants decreased by Baht 92 million as a result of the lower sales volume of steam from Rayong Central Utility plant, together
plants of Baht 2,340 million. As for GPSC’s SPP plants, gross profit decreased by Baht 38 million due to the growth of cost of natural gas following the rise in both quantity required and average price. In
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