increased from business expansion. For the 9M/2018, the net profit improved by Baht 420 million or 17% from 9M/2017. The gain was primarily due to start-up of IRPC-CP Phase 2 and ISP1 in Q4/2017 and the

% Profit before FX and extraordinary items 1,790 1,688 2,293 28% 36% 3,091 3,981 29% Net foreign exchange gain (loss)2 242 (30) (5) (102%) (83%) 190 (35) (118%) Net profit 2,031 1,658 2,288 13% 38% 3,281

Management Discussion & Analysis (MD&A) Q2/2018 Executive Summary Executive Summary For Q2/2018, Global Power Synergy Public Company Limited (GPSC) (“the company”) had a net profit of Baht 1,052 million

13 December 2019. On 31 December 2019, the company has hold a total of 1,460,360,024 shares of GLOW or 99.83% of the total issued shares of GLOW. For 2019, the net profit of the company was at Baht

from finance lease Total Revenue Net profit Interest expense Earnings before interest and tax expenses Interest bearing debts – (Cash and cash equivalents + Restricted cash + Current investments

2019 of 26.14%, has resulted in the company being able to recognize net profit for the company at 95.25% after the 22nd May 2019. Consequently, on the 19th June 2019, the Board of Directors has passed

the company, the net profit of the company will be Baht 1,081 million. This is an increase from Q1/2019 by Baht 139 million or 15%, and an increase from Q2/2018 by Baht 28 million. Both GPSC and GLOW

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

VGI PUBLIC COMPANY LIMITED BUSINESS HIGHLIGHTS 3Q 2019/20 Set a new record for revenue and net profit for the two consecutive quarters.  Revenue reached all-time high of THB 1,867mn, an increase of

& 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