2.01 35.46 485.75 Profit before financing costs and income tax expense 198.67 21.83 62.74 17.66 203.17 22.24 69.91 19.37 135.93 216.66 Financing cost 4.92 0.54 8.28 2.33 8.36 0.92 11.82 3.27 (3.36

12.21 0.00 12.21 N/A 6.95% 0.00% Revenues from reduction of defaulted interest under the Court’s order 16.66 0.00 16.66 N/A 9.48% 0.00% Distribution costs (24.14 ) (26.13 ) (1.99 ) 7.62% (13.74%) (8.83

expenses, finance cost and taxes 24.57 21.74 17.51 23.29 (7.06) (28.73) Distribution costs 1.82 1.61 1.84 2.45 0.02 1.10 Administrative expenses 9.82 8.69 9.76 12.98 (0.06) (0.61) Profit before finance cost

0.00 12.21 N/A 6.95% 0.00% Revenues from reduction of defaulted interest under the Court’s order 16.66 0.00 16.66 N/A 9.48% 0.00% Distribution costs (24.14 ) (26.13 ) (1.99 ) 7.62% (13.74%) (8.83

expenses; and 6) higher finance costs due to higher borrowings as a result of additional investments in machinery and joint ventures both in Thailand and overseas.  EBITDA in Q1/2018 was Baht 75 million, a

and administrative expenses; 3) higher finance costs due to investments in machinery, and joint ventures in Thailand and overseas; 4) higher depreciation of investments in machinery and 5) non-cash, one

to maintain profitability through effective marketing to boost sales, while increasing efficiency in the management of raw material costs and other expenses. Nonetheless, from the aforementioned

water sales volume. However, the costs of sales and services were totally 2,706.44 million Baht, increased by 481.81 million Baht or 21.66% mainly because of an increasing electricity cost. Net profit

) higher finance costs due to investments in machinery, and joint ventures in Thailand and overseas; and 4) non-cash, one-time expenses recognized from selling unused old machines.  Thai Financial Reporting

and rendering of services (excluding fuel cost) 1,218.84 1,194.84 24.00 2.0 Administrative expenses 340.41 405.63 (65.22) (16.1) Finance costs 481.02 161.78 319.24 197.3 Income tax expense 300.49 229.09