% . This is because in 2023, the Company's income tax expenses increased significantly since the Company did not record allowances for expected credit losses from related receivables as deferred tax assets

type) at 90 megawatts each, lasting 25 years and, PPA with IRPC Group for 60 megawatts of electricity and 170 to 300 ton per hour of steam, lasting 27 years. • GPSC holds 51% of total shares. • Total

การดาํเนินงาน ไม่รวม Deferred Revenue Item/3 (Normalized Total Revenue excluding Deferred Revenue Item) 1,497.5 1,399.5 (6.5%) กาํไรสทุธิจากการดาํเนินงาน ไม่รวม Deferred Revenue Item/3 (Normalized Net

property 87,280 91,108 -4.20 Property, plant and equipment 282,215 218,198 +29.34 Intangible asset 4,916 4,177 +17.69 Deferred tax assets 6,087 7,674 -20.68 Other non-current assets -Cost of landfill

% up from 1Q2019 mainly from higher deferred tax expenses comparing to 1Q2019. Net Profit The consolidated net profit in 1Q2020 was THB 324.66 million, increased in amount of THB 96.80 million or 42.48

(34.7%) /1 Normalized Total Revenue = Total Revenue excluding FX impact, Extra item and Deferred Revenue Item /2 Normalized Net Profit = Net Profit excluding FX impact, Extra item, TFRS9&16 impact and

) comprised of current tax and deferred tax. Deferred income tax mainly from temporary difference of receivable from finance lease and derivative assets. 8 Net profit and Net profit margin (Unit: THB Mn

) comprised of current tax and deferred tax. Deferred income tax mainly from temporary difference of receivable from finance lease and derivative assets. 7 Net profit and net profit margin attributable to the

THB Mn THB Mn % Tax income (expense) (28.6) (21.8) (34.8) (17.3) (17.5) (50.3%) (42.6) (102.5) 59.9 140.6% Change QoQ Change YoY Tax income (expense) comprised of current tax and deferred tax. Deferred

-2023 Change 6M-2022 6M-2023 Change THB Mn THB Mn THB Mn %QoQ %YoY THB Mn THB Mn %YoY Current tax on profit for the period (9.1) (10.8) (10.2) (5.6%) 12.1% (18.5) (20.9) 13.0% Deferred income tax (41.1