Management Discussion and Analysis 1. Significant events in the third Quarter of 2019 1.1 The progress in construction projects 1.1.1 Project completion - SBPL Project, a project of San Buenaventura Power Ltd
above while there was no such income in the first quarter of 2018. Share of Profit from Investments in Associates from Power Business during the first quarter of 2018 was THB 658.9 mm, which increased by
%. • Normalized share of profit from power associates and joint ventures increased by 55.9%, standing at THB 244.5 mm. Increase in normalized share of profit from power associates and joint ventures was mainly due
million cubic meters in 1Q2019. ii) Other Utitlities Revenue, which mainly represented one-time Excessive Charge was Baht 26.8 million in 1Q2019, or increased by 1,883.2%. Power Business In 1Q2019, our
increased by Baht 41 million or 37%. The reasons are as follows: • Shares of loss from Xayaburi Power Company Limited (XPCL) increased by Baht 1 million from Q3/2017 but decreased by Baht 6 million from Q4
& Analysis (MD&A) Q3/2017 Management Discussion & Analysis For Q3/2017, Global Power Synergy Public Company Limited (GPSC) (“the company”) had a net profit of Baht 888 million, increased by Baht 73 million or
, deferred income tax, impairment and impact of lease income for Q3/2017 of power generation business increased by 229 million Baht, comparing to that of Q3/2016, mainly due to an increase in the operating
Results in Power Generation business Profit (loss) before the effects of foreign exchange, deferred income tax and lease income for Q2/2019 of power generation business increased by Baht 144 million
was decreased by Baht 23 million mainly due to administrative expenses were increased from consulting fee. Meanwhile, other income was increased. Page 12 Other Subsidiaries in Power Generation business
products to meet clients’ requirements, the demand of the products therefore continuously increased, especially power tools which are generally used in construction or home renovation. However, sales of