EBITDA (%) 2.8% 3.1% 3.0% 0.2% -0.1% 7.2% 3.3% -3.9% Stock Gain/(Loss) & NRV -83 -8 -48 -42% 530% -130 -206 58% Adjusted EBITDA (Mil lion Baht) (3) 143 109 133 -7% 22% 932 589 -37% Adjusted EBITDA Margin

GLOW’s SPP plants (in 2018, GLOW was not yet acquired) which increased by Baht 7,127 mil lion. Whereas, the gross profit of Rayong Central Utility plant decreased by Baht 215 million as a result of the

(THAILAND) PUBLIC COMPANY... BJC HEAVY INDUSTRIES PUBLIC COMPANY LI... BLACK LION (THAILAND) COMPANY LIMITED BLESS ASSET GROUP PUBLIC COMPANY LIMIT... BLESSED BUILD COMPANY LIMITED BLISS INTELLIGENCE PUBLIC

PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS MD&A Q2/2019 PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q2 2019 For Q2/2019, the EBITDA of the company was at Baht 5,402 million, increased by Baht 3,273 million or 154% from Q1/2019, and increased Baht 3,771 million or 231% from Q2/2018. this is mainly due to the immediate recognition of GLOW’s performance after the acquisition of GLOW including Independent Power Producer (IPP), Small Power P...

COMPANY L... BIODEGRADABLE PACKAGING FOR ENVIRONMEN... BIRLA CARBON (THAILAND) PUBLIC COMPANY... BJC HEAVY INDUSTRIES PUBLIC COMPANY LI... BLACK LION (THAILAND) COMPANY LIMITED BLESS ASSET GROUP PUBLIC

Annual Report 2004 S h a p i n g t h e T h ai C a p i t a l M a r k e t A n n u a l R e p o r t 2 0 0 4 S E C U R I T I E S A N D E X C H A N G E C O M M I S S I O N , T H A I L A N D This year’s annual report features Benjarong ceramics. Benjarong, meaning five colours, gained popularity in the royal court and the high society of Siam in the late Ayudhya period (A.D. 1350 - 1767). But it was during the early Rattanakosin period (A.D. 1782 - present), in the reigns of King Rama II and King Rama...