PowerPoint Presentation MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q3/2018 GLOBAL POWER SYNERGY PUBLIC COMPANY LIMITED 0 THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q3/2018 Executive Summary Executive Summary For Q3/2018, Global Power Synergy Public Company Limited (GPSC) (“the company”) earned a net profit of Baht 899 million, decreased by Baht 153 million or 15% from Q2/2018. The drop was due to the rise in natural gas prices...

[existing] clients of an intermediary; “institutional investor”5 means an institutional investor as specified in the Notification of the Securities and Exchange Commission concerning the Determination

including [existing] clients of an intermediary. 2 “institutional investor” means an institutional investor as specified in the Notification of the Securities and Exchange Commission concerning the

investors in a manner of concealing or disguise or making up non-existing facts in material transactions or operation; (d) having withdrawn an application for an offer for sale of newly issued shares without

22,331 33% 9,089 13% 13,899 22% Other receivables 3,267 5% 3,211 5% 890 1% Other current assets 1 0% 2,483 4% 2,353 4% Total current assets 61,621 91% 57,999 85% 51,755 82% Restricted deposits 132 0% 10 0

22,331 33% 9,089 13% 13,899 22% Other receivables 3,267 5% 3,211 5% 890 1% Other current assets 1 0% 2,483 4% 2,353 4% Total current assets 61,621 91% 57,999 85% 51,755 82% Restricted deposits 132 0% 10 0

22,331 33% 9,089 13% 13,899 22% Other receivables 3,267 5% 3,211 5% 890 1% Other current assets 1 0% 2,483 4% 2,353 4% Total current assets 61,621 91% 57,999 85% 51,755 82% Restricted deposits 132 0% 10 0

ระยะยาวในสถาบันการเงิน (Long-term deposits at financial institutions) หมายถึง เงินฝากในสถาบันการเงินที่ไมจัดเปนรายการเงินสดและรายการเทยีบเทาเงินสด เชน เงนิฝาก ประจํา บัตรเงนิฝาก ตั๋วสัญญาใชเงินที่

from the Seller. In the case where the Purchaser breaches any term of this contract, the Seller has the right to forfeit all deposits that the Purchaser has already paid and terminate this contract, as

PowerPoint Presentation MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q4/2018 and FY2018 GLOBAL POWER SYNERGY PUBLIC COMPANY LIMITED 0 THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q4/2018 and FY2018 Executive Summary Executive Summary For 2018, Global Power Synergy Public Company Limited (GPSC) (“the company”) earned a net profit of Baht 3,359 million, slightly increased by Baht 184 million or 6% from 2017. The increase was due to...