, 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
electricity to Industrial Users (IU) 1.1 1.6 (0.5) (31.3) Sales of steam (IU) 2.5 4.9 (2.4) (49.0) Sales from Natural Gas Power Plant 422.3 470.8 (48.5) (10.3) Sales of electricity - FiT, Base tariff and Ft
margin decreased 5% from Q1/2018, because of the growth rate of natural gas price and the rise in finance cost from interest payment and short-term loan financing fee related to the acquisition of GLOW
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
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
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
4.9 4.4 (10.2%) 33.3% 7.5 9.3 24.0% Sales from Natural Gas Power Plant 519.8 470.8 496.5 5.5% (4.5%) 1,042.4 967.3 (7.2%) Sales of electricity - Base tariff and Ft 27.2 27.8 25.3 (9.0%) (7.0%) 51.5 53.1
%) (70.5%) 13.6 11.1 (18.4%) Sales from Natural Gas Power Plant 518.9 496.5 462.0 (6.9%) (11.0%) 1,561.3 1,429.3 (8.5%) Sales of electricity - Base tariff and Ft 25.3 25.3 24.0 (5.1%) (5.1%) 76.8 77.1 0.4
%) 751.4 680.5 (9.4%) Sales of electricity to Industrial Users (IU) 1.3 1.1 1.4 27.3% 7.7% 2.9 2.5 (13.8%) Sales of steam (IU) 4.4 2.5 2.9 16.0% (34.1%) 9.3 5.4 (41.9%) Sales from Natural Gas Power Plant
plants, gross profit increased by Baht 103 million due to the increase in electricity sales volume resulting in the increase in revenue from selling electricity while the average natural gas price per unit