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...

plants of Baht 2,340 million. As for GPSC’s SPP plants, gross profit decreased by Baht 38 million due to the growth of cost of natural gas following the rise in both quantity required and average price. In

.................................................................................................................................. 32 Engagement to Create Common Investment Standards ................................................................................. 33 The Rise of Stewardship Codes

. Headline inflation increased from 0.7 percent in 2017 to 1.1 percent in 2018 largely due to a rise in energy prices, particularly in the second and the third quarters of the year. Core inflation stood at 0.7

units, of which their functions constitute or may give rise to conflicts of interest, from other units and personnel, and specifying the work procedures of those units and personnel for preventing

less than the value of the consideration of MB 307. 01, which is appropriate to be used and reflects the opportunity Rise in future projects and rights in SUTG's innovative accounts Potential Risk from

66.00 percent is therefore less than the value of the consideration of MB 307. 03, which is appropriate to be used and reflects the opportunity Rise in future projects and rights in SUTG's innovative

66.00 percent is therefore less than the value of the consideration of MB 307. 03, which is appropriate to be used and reflects the opportunity Rise in future projects and rights in SUTG's innovative

66.00 percent is therefore less than the value of the consideration of MB 307.03, which is appropriate to be used and reflects the opportunity Rise in future projects and rights in SUTG's innovative

to rise, thus far the cumulative market share for January to March 2018 was at 15.8%, an increase of 0.6% from the same period of the previous year. 5. Non-oil business under the Bangchak Retail Co