PowerPoint Presentation MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q4/2017 and FY2017 GLOBAL POWER SYNERGY PUBLIC COMPANY LIMITED THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q4/2017 and FY2017 Executive Summary Executive Summary 1 For 2017, Global Power Synergy Public Company Limited (GPSC) (“the company”) had a net profit of Baht 3,175 million, increased by Baht 475 million or 18% from 2016. The increase is mainly due to the r...

in Q4/2017” Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q3/2018 • Progress Report on Acquisition of GLOW Energy Public Company Limited (GLOW) On June 20th, 2018, the

progress and plan of the project; (b) if project is not on progress as expected, cause and solution as well as effect that REIT is affected or may be affected shall be specified; (3) specify details

of mainly indirect staff cost, office rental and depreciation & amortization. The increase in SG&A is mainly attributed to the write off of 16.97 mb of accrued work-in-progress resulting from

. Payment process : Payment will depend on the agreement with the contract party that will be in portion payment and subjected to work progress. The period of project operation is approximately 18 months. 6

600 Million Baht. Payment process : Payment will depend on the agreement with the contract party that will be in portion payment and subjected to work progress. The period of project operation is

NACC Integrity Awards 2019” investor bases in Hong Kong and China1. In addition, it provides a tangible progress in building economic relation between Hong Kong and Thailand in accordance with the

was Baht 7,061.88 million for Baht 470.01 million or 6.7% primarily from the additional purchase of property, plant and equipment of Baht 411.44 million mostly was the construction in progress for

over the next few months as we progress into more advanced stages of our projects. We continue to see good pipeline in domestic demand in Thailand for both HR and ERP projects. Other Income Other income

Residence Hua Hin project have been increased in accordance with the progress of construction. As of 30 June 2019 , the group had total liabilities of 3 ,143.70 THB mm, decreased from 31 December 2018 to