163.17 42.9% 202.75 46.0% 39.58 24.3% SG&A 58.51 15.4% 83.78 19.0% 25.27 43.2% EBIT 104.66 27.5% 118.97 27.0% 14.31 13.7% Share of Gain in Associates - - 0.51 0.1% 0.51 - Interest Expenses 0.48 0.1% 0.35

to SPP Intelligence Co., Ltd. (the “Purchaser”) at an approximate price of Baht 1.80 per share, amounting to the total of Baht 9,000,000 or the price after adjustment according to the statement of

used for construction costs and development costs of Banpong, Klongluang and Chaiyaphum. Investment in SEGSD were 2,687 million Baht. Cash payment for investments and advance for additional share capital

Water Company Limited (WW), a 100% shareholding subsidiary to purchase ordinary shares of WOG ITR Water Solution Company Limited (“WOG ITR”) of 48,571 shares with a par value of Baht 100 per share

) (149.44) 41.71 27.91% 6 Finance costs (14.56) (13.10) 1.46 11.15% Share of profit (loss) of associates (1.32) - 1.32 100.00% 7 Profit before income tax 104.50 78.33 26.17 33.41% Income tax (30.75) (19.28

-5.04 -25.4% Administrative expenses 25.75 25.02 0.73 2.9% Total expenses 741.40 690.89 50.51 7.3% Earning before interest and tax 75.54 61.16 14.38 23.5% Financial expenses -1.64 -2.72 1.08 -39.7% Share

) Description For the year ending 31 December Year Increased (decreased) 2017 2016 Amount % Total revenues 815.31 791.94 23.37 2.95 Total expenses and finance cost 782.71 762.13 20.58 2.70 Share of profit from

expenses 115.49 106.14 9.35 8.8% Total expenses 3,065.73 3,066.16 -0.43 0.0% Earning before interest and tax 253.50 341.41 -87.91 -25.8% Finance cost -5.55 -4.83 -0.72 14.9% Share of profit from investment

1.27 8.6% Administrative expenses 28.79 25.75 3.04 11.8% Total expenses 788.14 741.40 46.74 6.3% Earning before interest and tax 71.92 75.54 -3.62 -4.8% Financial expenses -1.33 -1.64 0.31 -18.9% Share

non commercial factors "!*##(?#* !#" \% C?#O#"„ ! ! ̀* L,#$ SET ! ?#()R%N #$S"/+̀#$%(!'#)&P*'# .'&P*'#%#S *!#"!K!̀OO*" SET Market value and share of Asia Pacific Market Value 0 20 40 60 80 100 120 140