181 -10.3% 43.8% Adjusted net profit3 157 227 240 5.9% 53.3% Gross profit margin 57.2% 60.4% 60.6% EBITDA margin 32.1% 45.4% 38.0% Adjusted EBITDA margin 35.4% 46.1% 44.2% Net profit margin 16.3% 20.6

1,516.80 (29.24) (1.89%) Gross Profit Margin 53.12% 60.64% 57.34% 61.86% Raw Water Distribution by Customer Group (Internal usage for tap water production is included) Raw Water Distribution by Area

1,546.3 59.7 3.9% Gross Profit 1,975.3 2,018.4 (43.1) (2.1%) Gross Profit Margin 55.2% 56.6% ค่าใช้จ่ายในการบรหิาร 583.8 578.6 5.2 0.9% ค่าใช้จ่ายรวม 2,189.8 2,124.9 64.9 3.1% EBIT 1,450.4 1,586.6 (136.2

%&'@&,*' 8%&'9%282??)>?'%, 8%&'?%,18 2)=&)K9@&,*' (margin account) credit balance

Bt78,463mn grew 6.3% supported by cost management, with margin 42. 8% vs guidance of to maintain EBITDA margin. Net profit was Bt31,051mn, increased 4.6% YoY and invested CAPEX was Bt20mn versus the guidance

. SIM and device margin in 1Q19 remained -4.2%, compared to -1.1% in 1Q18 and -4.3% in 4Q18. Cost & Expense In 1Q19, cost of service was Bt19,817mn increasing 15% YoY due to higher D&A and cost of the

. Furthermore, the average sales price was lower from rising demand from household customer. As a result, gross profit margin of raw water business dropped to 54.99%. Major costs of raw water business (Million

to the aforementioned consolidation and cost of digital billboards network. As operating revenue increased more than cost of sale, Gross profit margin grew to 63.3% from 56.1% in the same period last

Selling Price (THB./ton) 20,702 17,403 HRC Cash Margin (THB./Ton) 891 1,033 Unit: million Baht 30 June 2018 31 December 2017 Fin an cia l St at us Total Liabilities 5,774 5,492 Total Asset 19,743 19,546

Price (THB./ton) 20,715 18,079 HRC Cash Margin (THB./Ton) 483 1,423 Unit: million Baht 30 September 2018 31 December 2017 Fin an cia l St at us Total Liabilities 4,801 5,492 Total Asset 18,459 19,546