Normalized EBITDA Reaches THB 1,896 Million, with Operating Cash Flow of Over THB 2,037 Million. EV Business Grows 62.6% QoQ, Supporting Signs of a Disciplined Recovery.

Gulf Development Public Company Limited (“the Company”) reported financial results for Q3/2025, with total revenue of THB 30,177 million, decreasing 26% from THB 40,617 million in the previous quarter.