associates in Q2/2016 amount 117,189,289.96 Baht Property development business: Total sales in property development business in Q2/2017 were 19,458,834.00 Baht, compared to 38,935,000.00 Baht of sales in Q2

decreased 14,331,420.50 Baht Property development business Total sales in property development business in Q3/2017 were 16,712,500 Baht, compared to 21,560,000 Baht of sales in Q3/2016. It decreased 4,847,500

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 3 Year 2018 Ended September 30, 2018 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result for the Fiscal Year Ended December 31, 2018 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

Collinsville Solar Power Project on December 12, 2018 and March 21, 2019, respectively, and the acquisition of RATCH Cogeneration Company Limited on October 1, 2019.These resulted in the increase in revenue from

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For Q2/2017, Global Power Synergy Public Company Limited (GPSC) (“the company”) had a net profit of Baht 815 million, increased by Baht 65 million or 9% from Q1/2017. The increase is due to not only

Operation Date EBITDA Earnings before Interest, Tax, Depreciation and Amortization FX Foreign Exchange Rate IPP Independent Power Producer PPA Power Purchase Agreement SPP Small Power Producer Projects

in Plant, Property and Equipment (PP&E) of subsidiaries in which the power plants are in construction. Moreover, for the first half of 2018, GPSC and its subsidiaries had received net cash of Baht

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