113.09 Gain from bargain purchase 0.00 0.00 33.64 33.64 100.00 33.64 100.00 Profit before Selling and Administration expenses 12.61 58.17 81.06 22.89 39.35 68.45 543.05 Selling expense 3.36 26.92 8.54

. This is expected to generate income and profit to the Company, then, makes the Company gain much more improved financial position and operating performance that leads to value-added contribution to the

to core business of the Company. This is expected to generate income and profit to the Company, then, makes the Company gain much more improved financial position and operating performance that leads

increase of 1,700 million baht in gross profit. 3. In 2017, the Company recorded gain on change in shareholders’ equity of an associate in an amount of 1,135 million baht. It came from the issuance of 7,545

from:  Return on financial instruments increased by Baht 115.73 million mainly from the gain on sale of investment in listed equity securities of Baht 12.64 million in this quarter. While in the second

Brokerage fees income 595.70 3.40 595.70 3.40 Fees and services income 29.15 (9.60) 29.15 (9.60) Interest income on margin loans 34.12 (9.56) 34.12 (9.56) Gain and return on financial instruments 134.11 14.03

Brokerage fees income 840.50 (26.04) 840.50 (26.04) Fees and services income 39.66 (25.94) 39.66 (25.94) Interest income on margin loans 51.54 (9.35) 51.54 (9.35) Gain (loss) and return on financial

23.1 million or 20.7% from the same period last year. Moreover, the Company reported a one-time gain on disposal asset in 2Q19, while selling and administrative expenses amounted to THB 104.4 million

18.85 million mainly from the decrease of an unrealized gain from mark-to-market price of investment in listed equity securities and the gain on debt securities from the reduction the Company’s investment

PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS Q4/2019& FY 2019 MD&A PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q4 2019 and FY2019 Global Power Synergy Public Company Limited (GPSC) (‘company’) has finished the financial activities in accordance with the company's financial deleveraging plan from the offering of newly issued ordinary shares to existing shareholders in proportion to the number of shares held by each shareholder (Rights Offe...