) comprised of current tax and deferred tax. Deferred income tax for the first quarter and the second quarter of 2020 mainly form temporary difference from derivatives and receivable from finance lease. 8 Net

) comprised of current tax and deferred tax. Deferred income tax mainly from temporary difference of receivable from finance lease and derivative assets. 8 Net profit and Net profit margin (Unit: THB Mn

) comprised of current tax and deferred tax. Deferred income tax mainly from temporary difference of receivable from finance lease and derivative assets. 7 Net profit and net profit margin attributable to the

THB Mn THB Mn % Tax income (expense) (28.6) (21.8) (34.8) (17.3) (17.5) (50.3%) (42.6) (102.5) 59.9 140.6% Change QoQ Change YoY Tax income (expense) comprised of current tax and deferred tax. Deferred

) (72.7) 44.2% ChangeChange Tax income (expense) comprised of current tax and deferred tax. Deferred income tax mainly from temporary difference of receivable from finance lease and derivative assets. 6 Net

expense (34.8) (50.2) (35.9) (28.5%) 3.2% (85.2) (108.6) 27.5% ChangeChange Tax expense comprised of current tax and deferred tax. Deferred income tax mainly from temporary difference of receivable from

THB Mn THB Mn % THB Mn THB Mn THB Mn % Tax income (expense) (22.5) (50.2) (35.9) 15.8 (51.7) N.A.(

beneficiary of a REIT; 1 “property fund” means a property fund established according to the Notification of the Office of the Securities and Exchange Commission concerning Rules, Conditions and Procedures for

PowerPoint Presentation MANAGEMENT DISCUSSION & ANALYSIS THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MD&A Q1/2019 PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q1 2019 For Q1/2019, the EBITDA of the company increased by Baht 1,154 million or 118% from Q4/2018 and increased by Baht 646 million or 43% from Q1/2018. The increase was mainly due to improved operating results of the Sriracha Power Plant and the acquisition of GLOW also contributed to an increase in EBITDA by Baht 751 million. The net...

from minority shareholders through Tender Offer. During Q2/2019, the company used Baht 34,332 million from the short- term loan, resulting in the current D/E ratio of 5.18 times. Nevertheless, the