recognitio n of GLOW costs. • The cost of sales of goods and rendering services of Very Small Power Producer (VSPP) and others increased by Baht 18 million mainly due to the rising cost to generate chilled
the acquisition of GLOW also contributed to an increase in EBITDA by Baht 751 million. The net profit for the company in Q1/2019 increased by 456 million or 94% from Q4/2018 and by Baht 20 million or 2
Incomes mainly consists of Interest Income from Loans to GHECO-One and Dividends Received from Investments in Glow IPP Power Plant1. 5 Administrative Expenses and Income Tax (Expnese) Income include the
repaying short-term loan (Bridge Financing) that the company used to acquire Glow Energy Public Company Limited (“GLOW”) was completed in Q4/2019. The company has been successful following the capital
Dividends Received from Investments in Glow IPP Power Plant1. KEY HIGHLIGHTS We witnessesd solid performance from both Utilities and Power Business Utilities Business’s Operating Revenue was Baht 404.2
- Translation - Tender Offer for Securities (Form 247-4) Of Glow Energy Public Company Limited By Global Power Synergy Public Company Limited (The Tender Offeror) The Siam Commercial Bank Public
Significant Events in Q4/2018 3 On December 18th, 2018, the company submitted a new application to the Energy Regulatory Commission (ERC) for Glow Energy Public Company Limited (GLOW) share acquisition
. This is expected to generate income and profit to the Company, then, makes the Company gain much more improved financial position and operating performance that leads to value-added contribution to the
to core business of the Company. This is expected to generate income and profit to the Company, then, makes the Company gain much more improved financial position and operating performance that leads