Liabilities 808 698 817 Total Liabilities 817 707 826 Shareholder’s Equity 451 478 478 OPERATING RESULT (MILLION BAHT) Sales Revenue 3,660 3,610 1,707 Gross Profit 263 274 136 Operating Profit 124 154 74 Profit

Microsoft Word - MDA Q220 EN August 10, 2020 To President The Stock Exchange of Thailand Subject Notification on the difference of revenue from sales and net profit YOY by more than 20 percent

% Operating revenue 2,426.0 2,556.2 2,211.1 -8.9% -13.5% Gross profit 1,062.1 1,070.6 1,015.3 -4.4% -5.2% EBITDA 356.9 419.3 440.6 +23.5% +5.1% Net profit (loss) 131.9 140.7 118.2 -10.4% -16.0% Gross profit

decreasing of economic status and consumption product resulting the total revenue and net profit of the Company is decreased. In 2017, the Company has total revenue of THB 294 Million decreasing from THB 322

. 1/2018. 2. Approved the appropriation and retaining of the net profit Baht 511 million as legal reserve and the declaration of dividend payment from the Company consolidated net profit for the period

Management Discussion & Analysis (MD&A) Q3/2018 Executive Summary Executive Summary For Q3/2018, Global Power Synergy Public Company Limited (GPSC) (“the company”) earned a net profit of Baht 899 million

Revenues 8,770 6,755 446 322 9,216 7,077 2,139 30% Total Expenses (8,664) (6,715) (378) (292) (9,042) (7,007) 2,035 29% Share of Profit (Loss) 1,775 1,688 27 19 1,802 1,707 95 6% Gain on disposal of

thanks to higher revenue from sales, higher gross profit, higher share of profit from associated companies, and higher net profit comparing to 1Q2018. GFPT Group had total revenue from sales of THB 3,966

1,107.0 46.4% Gross Profit/2 981.7 1,884.0 902.3 91.9% 2,784.6 2,957.9 173.3 6.2% Net Profit 303.0 1,051.9 748.9 247.1% 1,082.9 1,458.5 375.6 34.7% Normalized Total Revenue/3 2,338.8 2,911.8* 573.1 24.5

Revenues 10,142 10,259 170 175 10,312 10,434 (122) (1%) Total Expenses (9,798) (9,505) (169) (173) (9,967) (9,678) 289 3% Share of Profit (Loss) 2,003 2,155 9 4 2,012 2,159 (147) (7%) Operating profit (loss