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 & Analysis Management Discussion & Analysis (MD&A) Q4/2017 and FY2017 Executive Summary Executive Summary 1 For 2017, Global Power Synergy Public Company Limited (GPSC) (“the company”) had a net profit of Baht 3,175 million, increased by Baht 475 million or 18% from 2016. The increase is mainly due to the r...

improved only by 0.6% due to the low temperature, off-season rain and the hot storm in some areas in the first quarter of 2018 together with the increase in Independent Power Supply (IPS). The peak

quarter again on target. We met our key financial objectives, such as EBITDA and net income, despite a very weak sugar season, via launching commercial sales of a new product, extending the export markets

Business was in the low season; the monsoon season, resulting in lowered sales volume and marketing margin. However there were market share gains for the service station channel and the company was able to

sugarcane for the 2016/2017 crushing season, thus the higher amount of sugar and also the higher by-products from sugarcane production process as raw materials for the by-products businesses. Details are as

. 017.  The re r low season et Equity of  46.54 millio from Q2 ye t of produc irst Quarter Securities an ses and rea er of previou nce compar 2 year 2018 ectively. Rev 01% when co exporting. A 2018 and Q

recorded in 4th quarter 2018 Financial Cost In 2017/18 harvesting season, the Company has crushed sugarcane 11.03 million tons compare to 6.83 million tons last year or increased by 61%. Therefore the

distribution cost THB 1,886 million compare to THB 1,519 million previous year. Financial Cost In 2017/18 harvesting season, the Company has crushed sugarcane 11.03 million tons compare to 6.83 million tons last

). During the first half of the year, the Company’s costs were lower due to such increase in utilization of seaweed from the 2019 season (at relatively lower costs), and the roasted seaweed snack production

branches as of 31 December 2018) and 1 branch of Maygori (1 branches as of 31 December 2018) 2) Non-café sales (finished or intermediate products). For instance, on-line sales , Head office pick-up, OEM