high demand, GPSC was able to gain appropriate funding costs. The debentures are senior unsecured green bonds which were assigned a accredit rating of AA- by TRIS Rating Company Limited and comprise of

Q1/2018 due to the raising in raw water sales volume and net profit attributable to equity holders of the parent company of 341.71 million Baht, increased by 39.04 million Baht or 12.90%. Income

People’s Democratic Republic (Lao PDR). Moreover, in the first 6 months of 2017, the company and its subsidiaries had gain net cash flow for Baht 1,636 million by gaining net cash flow from operating

) Gain from the Creditor waived the debt (624) Loss on confirmed purchase orders of undelivered raw material (Reversal of) 178 Loss from disposal of assets 8 Employee benefit obligations 6 Tax expense 7

Others Unit: Million Baht Unit: Million Baht Natural gas(IPP) Natural gas (SPP+VSPP) Other raw materials Coal Maintenance costs Comparing Q4/2019 vs Q3/2019 Comparing Q4/2019 vs Q4/2018YoYQoQ 57% 55% 56%4

supply. In the past 2 years, CPO’s world and Thai’s market had been highly volatilized. The Company is aware of such risks and determined the policy that focused on the procurement and management of raw

capacity with existing high portions of Small Power Producer (SPP). GPSC will gain benefit in terms of synergy value, through reinforcing the business strength in terms of capacity growth as there will be an

increased from business expansion. For the 9M/2018, the net profit improved by Baht 420 million or 17% from 9M/2017. The gain was primarily due to start-up of IRPC-CP Phase 2 and ISP1 in Q4/2017 and the

21.68 0.57 Revenues from Services 345.62 8.26 314.47 7.56 31.15 9.91 Total Revenue from Sales and Services 4,171.13 99.68 4,118.30 98.98 52.83 1.28 Gain on Sales of Fixed Assets 3.89 0.09 31.33 0.75

87.01 (70.38) (5.80) Revenues from Services 90.35 7.30 115.64 8.29 (25.29) (21.87) Total Revenue from Sales and Services 1,233.51 99.70 1,329.18 95.30 (95.67) (7.20) Gain on Sales of Fixed Assets 2.48