Page 19 - PSTC - One Report 2023 (EN)

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Power Solution Technologies Public Company Limited
1.2 Nature of Business
1.2.1 Income Structure of Business Operations of Each Line of Products
The Group’s business operations can be divided by category of business operations into the following four main businesses: 1) the renewable energy power plant business; 2) the distribution and transportation of liquefied petroleum products business; 3) the design, procurement and construction business; and 4) the power distribution system and project equipment design, distribution and installation business. Income structures in each category of business operations in 2021, 2022 and 2023 are as follows:
Income
2021
2022
2023
Value
Percent
Value
Percent
Value
Percent
1. Renewable Energy Power Plant Business
2. Distribution and Transportation of Liquefied Petroleum Products Business
3. Design, Procurement and Construction Business
4. Power Distribution System and Project Equipment Design, Distribution and Installation Business
131.3 5.8
692.2 30.4
1,389.0 60.9
68.1 3.0
117.1 6.4
1,002.7 54.9
422.8 23.1
284.5 15.6
(Unit: million baht)
128.7 8.2
1,230.4 78.1
214.7 13.6
1.8 0.1
Total Income from Sales and Services
2,280.6
100.0
1,827.1
100.0
1,575.6
100.0
The operating characteristics of each main business are as follows:
1) Renewable Energy Power Plant Business
A. Information on Business Operations
As of 31st of December 2023, the Company’s group has generation capacity as indicated in the agreements a total of 34.03 megawatts, which can be divided based on renewable energy categories as follows:
1. Solar power plants operated by the Company and it’s subsidiaries have a generation capacity of 14.95 megawatts as indicated in the agreements, all projects have begun its commercial operations.
2. Biomass power plants operated by subsidiaries have a generation capacity of 11.78 megawatts as indicated in the agreements, all projects have begun its commercial operations.
3. The private power purchase agreement project (Private PPA) has a generation capacity of 7.3 megawatts as indicated in the agreements with 4.59 megawatts in the project having begun its commercial operations in 2023 and 2.71 megawatts which will begin commercial operations in early 2024.