(EGAT) per EGAT’s dispatch instruction, the gross profit increased by Baht 52 million or 36% from Q1/2017 from the increase in the Availability Rate and the Weight factor. • Rayong Central Utilities Plant

profit of GHECO-One due to lower Availability Payment from 8.5-day maintenance and a drop in average coal price. • Lower gross profit of HHPC due to lower electricity dispatch. • Gross profit of Small

% Availability Rate (%) – GIPP - - 100% - - Availability Rate (%) – GHECO-One - - 100% - - Dispatch Dispatch (GWh) – Sriracha Power Plant 180 74 175 135% (3%) Dispatch (GWh) – GIPP, GHECO-One, Houay Ho - - 322 n/a

Utilities Plant increased after the main customers resumed normal operation from the scheduled maintenance in Q2/2017 even though Sriracha Power Plant had lower dispatch volume to Electricity Generating

, increased by Baht 11 million or 3% compared to the first half of 2017 due to the decrease in hourly operating maintenance cost followed lower dispatch volume according to EGAT’s instruction. Sriracha Power

plant and higher weight factor. Besides, increased power dispatch of HHPC is another contribution of increased IPP gross profit. In spite of the above, Sriracha Power Plant's gross profit decreased by THB

addition, the dispatch volume from Houay-Ho as a result of the lower power generation. The company will also have to recognize the interest expense which increased by Baht 133 million from Q2/2019 as this

Power Producer (IPP) increased by Baht 2,389 million mainly from the increase in average price of natural gas together with EGAT’s dispatch instruction of Sriracha Power Plant. The increase in coal cost

, resulting in higher revenue recognition together with the increase electricity sales volume corresponding to EGAT’s dispatch instruction and the decrease in maintenance cost as a result of the expiration of