invests 99.99% in PWGE, 49% in Bina Puri Power (Thailand) Co., Ltd., and 100% in SAFE Biomass Co., Ltd. For the period ended 31 December 2019, the Company recognized the profit from investment in joint

Co.,Ltd. (Biogas Power Plant) and UWCC (Cambodia) Co.,Ltd. In order to reduce its debt and reshape its investment from less competency business such as Power Plant that cause longer period of repair

53,444 million, increased by THB 3,137 million over the same period last year. The company’s profit from continuing operations was THB 1,658 million, increased by THB 379 million, and the profit margin for

million, increased by THB 9,912 million over the same period last year. The company’s profit from continuing operations was THB 6,500 million, increased by THB 4,161 million, and the profit margin for the

agreements of Riau Combined-Cycle Power Plant Project in the Republic of Indonesia On March 20, 2019, PT Medco Ratch Power Riau, an indirect joint venture that the Company held a 49 percent stake through RH

% Amount % Q1-18 VS Q1-17 Q1-18 VS Q4-17 Sales Revenue 12,528 100.0 12,127 100.0 12,698 100 3.3 (1.3) Gross profit 2,731 21.8 3,218 26.5 3,106 24.4 (15.1) (12.1) Operating profit 1,020 8.1 1,377 11.4 1,363

Yai and Chachoengsao branch). The Company plans to open Rayong branch, the 11st branches in the last quarter of year 2018. Industry Overview Domestic purchasing power has been under pressure due to the

& 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

& 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

59.46 million is, then, recognized as the gain on disposal of investment in the project. ▪ An increasing participating profit from investment in associated companies and the joint venture in 2017