A String of Earnings Increases, Future Earnings Uncertainty, and Firm Fundamentals* Sarayut Rueangsuwan † Kasetsart University, Thailand August 2015 Abstract Prior literature on meeting or beating
estimated depreciation life of SAAM-SP1 power plant from 20 years to 25 year since 2017 onward, to be in line with the useful life of assets. For the year 2016 and 2017, the Group Company presented gross
operation date : 18 August 2015 Concession life : 20 years 2) Shima Solar Power Plant Location : Oyabe City, Toyama Prefecture, Japan Contracted capacity : 1.25 MW Installed capacity : 1.43 MW Feed-in Tariff
) (9.1%) Sales of steam (IU) 2.5 1.4 (1.1) (44.0%) Sales from Natural Gas Power Plant 422.3 668.6 246.3 58.3% Sales of electricity - FiT, base tariff and Ft 70.1 68.1 (2.0) (2.9%) FiT Premium 6.0 6.0
comprise of raw material and packaging cost, labor cost, depreciation of our plant and machinery, freight expenses and others cost of sales. Our cost of sales for the three months period ended March 31, 2017
project called “Elevate Life’s Pleasure” to deliver Life’s Pleasure experience through various types of quality glassware in consumers’ everyday life. Ocean Glass Public Company Limited Page 2/ 6
business sector which resulted in corporate sales, thus significantly effects the decreasing of sales. The company adjusts selling method to new channel: online channel, and more focus on daily life products
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
achieved strong earnings, a growth of 49% in core EBIDTA or $749 mil- lion which is on track to deliver over $1 Billion in annual EBITDA in 2017, the first time in the history of the Company. The strong
company's true earnings from its normal operations. To exclude the assessment of the fair value of net assets and allocation of business acquisition costs as well as the effects of accounting standards, in