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The net profit of KUN for the 3rd quarter of 2019 was 15.19 million baht with a net profit margin of 9.66, increased from a loss of 5.71 million baht. Such an increase was resulted by the transfer of house ownership which had a lower cost of development compared to the same period of the previous year and the selling and administrative expenses which increased at the lower rate than the growth rate of revenue from the sale of real estate. With those factors, KUN’s net profit and net profit margin for the 3rd quarter of 2019 increased.
Ms. Yupapin Wangviwat, Senior Executive Vice President of GULF said the project has an initial investment of approximately 198 MB. It has natural gas distribution capability at 2,000,000 million BTU per year. The company has signed a 10-year gas sale and purchase agreement with PTT PLC., as well as a 10-year gas sale and purchase agreement with the customer, each renewable every 10 years. WHANGD2 project has already obtained the Natural Gas Retail License and the Natural Gas Transmission License from the Energy Regulatory Commission.
Ms. Yupapin Wangviwat, Senior Executive Vice President of GULF said the project has an initial investment of approximately 198 MB. It has natural gas distribution capability at 2,000,000 million BTU per year. The company has signed a 10-year gas sale and purchase agreement with PTT PLC., as well as a 10-year gas sale and purchase agreement with the customer, each renewable every 10 years. WHANGD2 project has already obtained the Natural Gas Retail License and the Natural Gas Transmission License from the Energy Regulatory Commission.
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