Global Power Synergy Public Company Limited or GPSC Report of operating results for the quarter 2/22 ending June 30, 20 as follows:
However, the 2Q22 operating results showed a decline in profit due to the sharp increase in natural gas and coal prices, resulting in a decrease in margin from selling electricity to industrial customers. In addition, the sales volume of electricity and steam to industrial customers decreased slightly.
The cost of sales of goods and services of the Independent Power Producer (IPP) in the second quarter of 2022 was valued at 6,796 million baht, an increase of 4,242 million baht or 166% from the main reason. The cost of coal increased by 2,096 million baht due to the average coal price increased by 209%, while the coal consumption of the GHECO One power plant increased by 10% due to the reduction in maintenance in 2Q22. go down
Other raw materials increased by 2,839 million baht, mainly due to the consumption of diesel fuel of Sriracha Power Plant and Glow IPP Power Plant as the main fuel instead of natural gas. according to EGAT’s plan to claim electricity
Including cost of sales of goods and services of small power plants (SPP) valued 17,096 million baht, an increase of 7,006 million baht or 69% mainly due to an increase in natural gas expenses of 5,971 million baht (GPSC 2,879 million baht). and GLOW 3,092 million baht) from natural gas prices which increased by 83%, while natural gas consumption decreased by 3% and coal expenses increased by 1,096 million baht, mainly due to an increase in average coal price by 134% and the volume of 6 percent increase in coal use
At the same time, cost of sales of goods and services of very small power plants (VSPP) and others was valued at 204 million baht, an increase of 98 million baht or 92%, mainly due to an increase in cost of sales of goods and services of the Company. This was mainly due to the increase in cost of contract for the Design and Construction Contractor (EPC) of the Electricity and Energy Co., Ltd. (CHPP). Increased project volume and other costs Increased from the RDF power plant project following the commercial operation on May 28, 2021
Including dividend income and share of profit from investments in associates and joint ventures in 2Q22 was 435 million baht, a decrease of 87 million baht, mainly due to 2Q22, the company started recording amortization of assets. intangible resulting from the allocation of AEPL purchase price for the period from August 2021 – June 2022 amounting to Baht 177 million. last year
