PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS Q4/2019& FY 2019 MD&A PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q4 2019 and FY2019 Global Power Synergy Public Company Limited (GPSC) (‘company’) has finished the financial activities in accordance with the company's financial deleveraging plan from the offering of newly issued ordinary shares to existing shareholders in proportion to the number of shares held by each shareholder (Rights Offe...

construction of the new Latkrabang factory was completed and production capacity of Phase 3 was partly expanded, which led to solid revenue growth and profitability. We still experienced a number of challenging

other 3 buildings are still under development. Expected to be completed in 2020. Project the Award Patong Phuket provice, phase 1, which is a condominium unit for sale. Phase 2 is still under development

Authority of Thailand (EGAT) because of the reserved shutdown following EGAT dispatch instruction; IRPC Clean Power Phase 1 (IRPC-CP Phase 1) ceased the gas turbine generator to commissioning with Phase 2 in

impacting the Group’s financial position, operating results, and cash flows at present, and is expected to do so in the future. However, the impact cannot be reasonably estimated at this stage. The Group’s

invoices were issued to receivables for project that had been delivered according to the completion stage but had not yet the due date for sending invoices for last year's collection. As the result, the

the group which is entitled to develop Tourist Facilities on Emboodhoo Lagoon in the Republic of Maldives, for the part that Boonrawd Group has the right to develop (the "Project Crossroads Phase 2

Maldives for the part that Boonrawd Group has the right to develop (“Project Crossroads Phase 2”). The total value of the Master Page 2 from 4 Service Agreement is approximately THB 96 million. The term of

supported by an increase in capacity from the investment in Phase 3 at the new plant, and the appreciation of the Baht. Cost of Sales and Gross Profit The profit margin increased slightly Q-o-Q, but dropped Y

to sales volume growth that was supported by an increase in capacity from the investment in Phase 3 at the new plant, but mainly offset by the appreciation of the Baht. Cost of Sales and Gross Profit