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...

, part-time, or temporary basis, including any individual working as a contractor, provided that such contractor is involved in the credit rating process. a government; political subdivision, agency, or

2017, credit demand from large corporates increased with a major need for working capital and investment in fixed assets for some types of businesses. Demand for loans from SMEs has stabilized as the

that in the third quarter of 2017, credit demand from the business sector increased from the previous quarter, mostly due to SMEs’ requirements for working capital and inventory production. Demand for

company would like to update the progress of debt restructuring as followings; From early of 2016, the Company was contacted by Asia Credit Opportunities I (Mauritius) Limited (“ACO I”), the juristic person

financing activities of 1,134.5 million Baht, mainly due to receiving cash flows from issuing debentures. Factors and Operational Plan Affecting the Future Performance The Company is committed to continually

performance of the Company is deteriorating. The Company has been able to sell the products but the ownership transfer target cannot be achieved. The operational strategy has thus been adjusted and 2017 is

amount. On the other hand, the corporate income tax burden of Golden Lime and its subsidiary has increased due to better operational performance, especially in the non- BOI segments: sales and engineering

for the organization. Lastly, other operational plans that are supportive of the change will be implemented. The gross income of the Company and subsidiary companies in Q3/2017 is 2,346.48 million THB

Profit was due to the overall operational business increase of the Company together with a more effective management of its borrowings that resulted in overall reduced interest costs. Operating Performance