expanded by 5.7 percent and 6.1 percent, respectively. Corporate lending was flat. SME loans grew due to increases in lending to a range of businesses in the commercial and real estate sectors, and from V3

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...

., Ltd. Hotel management 25.00 1,250,000 10.00 50.00 14 Ordinary shares of Keystone Estate Co., Ltd. Land owner and property development 1,874.00 9,370,000 100.00 50.00 15 Ordinary shares of Keystone

Utilities and services Housing Real estate and construction Agriculture and mining Others Million Baht Loans by Business Type * March 2018 December 2017 March 2017 Change (%) December 2017 March 2017

0.5% 2.0% Real estate and construction 200,467 199,224 202,600 0.6% (1.1)% Agriculture and mining 55,228 53,134 51,498 3.9% 7.2% Others 284,814 285,538 313,565 (0.3)% (9.2)% Total 2,017,314 2,029,810

and operate in real estate Related transaction: No any related transactions Shareholders: 1. Mr. Seree Techateerawat 90.00% 2. Mr. Prakit Techateerawat 5.00% 3. Mrs. Anong Techateerawat 5.00% Director

Holding Company investing in retail business such as mobile phone distribution and accessories, non-performing debt management, real estate development, hire purchase (associated company), personal loan

-Value (LTV) ratio for mortgage loans which led to a decline in bank lending to the real estate sector. The Bank of Thailand also implemented policies to encourage commercial banks to focus on sustainable

2019 such agreement remains 24 years).  On 31 March 2019, Signed the water treatment contract with a company in Wellgrow Industrial Estate for a period of 10 years which has recognize revenue since 1

contracted steam capacity of 42 Ton/hour located in Eastern Seaboard Industrial Estate (“ESIE”), Pluakdaeng sub-district, Rayong province. Please be informed accordingly. Sincerely, (Mr.Wisate Chungwatana