(33.37) -68.17% Share of gain of investments in associates (0.04) (0.40) (0.35) 836.84% 2.85 (2.01) (4.86) -170.47% Finance costs (0.04) (0.08) (0.04) 100.61% (0.18) (0.22) (0.05) 25.73% Profit before

by 53.4 percent, when comparing to corporate tax expenses by 14.11 million in the same period of previous year. This was mainly due to lower earnings from operations. 1.9 Profit Sharing for non

media assets, which generated negative gross profit and are duplicated in the areas. This optimisation will enable MACO to gain greater efficiency on Domestic Advertising performance under management of

Revenue 6,520.5 6,726.6 (206.1) (3.1) Total Operating Expenses 5,862.2 6,042.3 (180.1) (3.0) Profit 503.7 541.6 (37.9) (7.0) Overview of operations in 2023, total revenue, total expenses, and net profit for

tax (13.42) (17.15) (3.73) (21.7) Net profit 34.37 65.76 (31.39) (47.7) Gross Profit Margin 47.8% 49.7% Earnings before interest and taxes 18.1% 20.2% Earnings before taxes 10.4% 16.1% Net Profit Margin

11.86% Finance cost 19.72 18.41 (1.31) (6.64%) Income tax expenses 17.98 22.21 4.23 23.53% Net profit 70.57 80.50 9.93 14.07% Net profit ratio (ROS) 20.41% 18.98% Earnings per share (Baht) 0.13 0.15 0.02

Profit (Loss) (16.93) (2.20) 14.73 669.55 Earnings per share (Baht per share) (0.0032) (0.0005) 0.0027 540.00 Net Profit (Loss) The Company and subsidiaries (Consolidated) realized net loss of 16.93

(Translation) (Translation) IR 024/18 November 14, 2018 President and Director The Stock Exchange of Thailand Subject : To explain the reasons on the company’s net profit (net loss) more than 20

29.90 2.93 10% Earnings before interest and tax 25.87 23.08 Finance costs - Main businesses 5.49 4.46 1.03 23% Finance costs - Solar energy 8.99 9.48 (0.49) -5% Profit before income tax 11.39 9.14 Income

& 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