the decrease in selling and administrative expenses but also the better performance of GPSC’s power plants especially IRPC Clean Power Phase 1 whose main customer returned to operate as normal from the

Codeshare agreement with Turkish Airlines in August 2019. While Jet Airways was announced to terminate Codeshare agreement from 30 June 2019 due to the suspension from IATA Clearing House (ICH) membership. 4

GLOBAL HOUSE PUBLIC COMPANY LIMITED ISSUED BY MAYBANK SECURITIES (THAILAND) PUBLIC COMPANY LIMITED LAST TRADING IN JANUARY 2023 # G GLOBAL42C2301G 20 26/08/2022 29/08/2022 02/02/2023   บริษัทหลักทรัพย์

net profit margin 2) higher depreciation resulted from additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, in order to prepare

any impact on the operation of the Company. Furthermore, this asset disposal will help reduce debt burden of the Company, resulting in that the Company is able to repay the debt within time specified

and according to target. In 3Q19, growth in the Thai economy decelerated primarily driven by a decline in export growth from world-trade sluggish effecting from Trade War. However, the Thai economy is

, increased by Baht 200 million or 28% from Q4/2017. The increase is mainly due to the rise in sales of electricity to Electricity Generating Authority of Thailand (EGAT) as the COD of both phases of IRPC Clean

Natural Gas Power Plant also decrease because the plant using in-house management and maintenance services instead of hiring external services company, resulting to reduction in cost of engineering and

Public Company Limited and its Subsidiaries Management’s Discussion and Analysis for the second quarter of 2019 ended 30 June 2019 Executive Summary The world economy in the second quarter of 2019 was

Baht 1,531 million, increased of 91.7% comparing to 1Q20. Net interest income rose by 8.2% and net fees and services income also rose by 12.4% driven by the increase in income from the brokerage business