reason for the Company’s net loss was due to lower income from rental and service, an increasing in food and beverage cost and property development cost incurred. Thus, the details of the Company’s

year 2017. 2. The cost of plastic raisin (which was the major cost of the production about 80% of total cost) increased from the demand of plastic raisin in China. This led to increasing of the

current investment. 2. Cost of sale , Profit margin For year 2018, the company had cost of sale of 396.52 million bath compare to 333.48 million baht last year with the increasing of 63.04 million bath or

follows: Income Statement For the three-month ended March 31 Change Unit: Million Baht 2018 2017 Amount % Revenues from construction services and sales of construction materials 7,389.74 8,064.50 (674.76

Quarter 1 2017 Increase / (Decrease) % Change Revenues from sales 214.32 96.56 117.76 121.96% Other revenues 0.24 0.44 (0.20) (45.45%) Total revenues 214.56 97.00 117.56 121.20% Cost of sales 77.95 42.84

previous year 222.0% The reason that the company has increased net profits is due to revenues management, cost management and cost control. Although in the past Q2/2020, department stores and rental areas

decrease in total revenue 3.4% and can be summarized as following table. Description Total Revenue (MB) Y-O-Y Change Increase/(Decrease) Note 2016 2017 Sales 919.8 882.2 -4.1% The sales volume decreases as

/2016 Q2/2017 Change +/(-) 1H/2016Q1/2017 GLOBAL POWER SYNERGY PLC. Q2/2017 Management Discussion & Analysis (MD&A) 4 Cost of sales and services (exclude depreciation and amortization) • Natural gas

period of the previous year were as highlighted below ; (Unit : Million Baht) Q3/2017 Q3/2016 % Change Sales and Service Income 514.22 465.84 +4.66 Cost of sales and Services 398.23 336.98 +3.01 Selling

expenses (76) (57) (25%) Administrative expenses (43) (33) (23%) Finance Cost (4) (3) (25%) Profit before income tax expenses 15 14 (7%) Tax expenses (2) (2) 0% Net Profit for the Company 13 12 (8%) Change