to remain at the same rate if there is no significant change in natural gas price and the appreciation in Thai Baht. However, during September and December of 2018, Ft rate is expected to be adjusted

Public Company Limited and its Subsidiaries Management’s Discussion and Analysis for the year ended 31 March 2020 Executive Summary Thai Economy in the first quarter of 2020 happened into recession due to

local steel products instead of imports. However, the policy encouraged to increase production capacity and supply excess capacity to other countries. This will create problems for the steel market in

COVID-19 pandemic, we have adopted measures to ensure stability and continuity of our electricity and utilities supply system. In terms of business expansion, GPSC focuses on expansion of investment in

completed and after studying the demand of lithium-ion batteries, shows that the demand will exceed the capacity of supply where the main customer group will be the System Integrator which will use this

systematically and efficiently manages supply chain risks and promotes business and social innovation within the organization. 4 Management Discussion & Analysis (MD&A) Q3/2017 Management Discussion & Analysis

the shareholders attending the meeting and casting their vote. The company plans to cooperates with Thai Oil Public Company Limited (“Thai Oil”) to expand business by making an investment in the ERU, by

oil in price throughout the quarter, especially the Dubai crude oil price which dropped during early August to September from concerns over the trade war between the US and China, combined with the Thai

, together with the decrease in availability payment (AP) due to the appreciation of Thai Baht. • Small Power Producer (SPP): The gross profit increased by Baht 1,847 million as a result of the first full

electricity, water supply, communication and fire extinguishing system. Additionally, the decoration of the entire park has been partly designed and decorated. There are also parts which require further