languages, the Thai version shall prevail. The objective of this MD&A is to present the information and the explanation of financial status and operating results as of the date hereof. However, the

from the Manufacturing Business accounted for 1 – 5 of the total gross operating profits, and as such, the discontinuation of the Manufacturing Business will not affect the overall operating results

2019 to Baht 66,901 million during 1Q20. The SET index at the end of 1Q20 closed at 1,125.86 points, decreasing by 28.7% from 1,579.84 points at the end of 2019. 4 Overall Business Operations The

in 2019 to Baht 66,901 million during 1Q20. The SET index at the end of 1Q20 closed at 1,125.86 points, decreasing by 28.7% from 1,579.84 points at the end of 2019. Overall Business Operations The

shares, or 26.14% of the total shares, purchased by the company through the tender offer process. This results in the company to own a total of 1,393,334,816 shares of GLOW, or 95.25%. GPSC plans to delist

operational results for the year 2018 Opinion of the Board: It deemed appropriate to report the Company’s operational results for the year 2018 to the Meeting of Shareholders for acknowledgment without passing

the Meeting. Item 2 To consider and acknowledge the Company’s operational results for the year 2018 Opinion of the Board: It deemed appropriate to report the Company’s operational results for the year

MW operating capacity over the past 12 months from the commercial operations of 3 projects (Nam Che 1 in Laos and DT1&2 and Phu Yen TTP in Vietnam), 2) the acquisitions of 124 MW SPP1 in March 2019, 3

commercial banks’ business operations, with Thai commercial banks’ lending and deposits continuing to grow at a slow pace. The aggregated balance sheets of commercial banks registered in Thailand at the end of

million in Q1’2019 primarily due to the commercial operations of ABPR3, ABPR4 and ABPR5 SPP projects in February, June and October 2018 respectively and the SPP1 acquisition in March 2019. • Sales and