clients over the previous 12 months, and 3) continued efficiency improvements of cogeneration power plants after gas turbine upgrade. Stable IU volume with well portfolio diversification Despite the
cancellations. Revenue from office rental operations which includes retail leasing decreased by Baht 5 million due largely to the property tax reimbursement of Thai Wah Tower 1 which is charged in the 1st
additional investment to upgrade office building’s facilities. - Administration expenses increased due to additional headcount required for the succession plan. Extraordinary items included 15.2 million baht
from the contributions of 1) additional industrial users with total PPA of 25 MW, 2) ABP3 and ABP5 improving heat rate after gas turbine upgrade in December 2018 - January 2019 and July 2019 respectively
noticed in Q2’19. In additions, the same upgrade via LTSA with Siemens for ABP5 is scheduled in Q3’19. The progress of SPP Replacement Scheme BGRIM has 5 cogeneration power plants qualified for the SPP
approve the transaction of receiving financial assistance from K Alliance Company Limited and Mrs. Sutasanee Karnasuta to enhance a company’ liquidity of the subsidiary and the interest rate charged is not
Che 1 and 2 solar projects in Vietnam, 2) ABP3’s improving heat rate after gas turbine upgrade in Dec 2018 - Jan 2019 and 3) interest cost saving. • NNP / NNP - owner of the parent increased 6.8% y-on-y
. Revenue from office rental operations which includes retail leasing increased by Baht 3 million due largely to the property tax reimbursement of Thai Wah Tower 1 which is charged in the 2nd quarter as
involved in a credit rating committee. garding the creditworthiness of an entity or obligation, expressed using an established and defined ranking system. to determine an initial credit rating, an upgrade of
by 3.4 mil. baht. - Total expenses increased 9% mainly due to: 1) Cost of rental and service was up by 2.6 mil. baht or 7% as depreciation expenses increased from investment to upgrade office buildings