0.43 27.56 Gain on exchange rate 0.61 0.97 0.00 (0.61) (100.00) Profit before expenses, finance cost and taxes 19.72 31.27 17.00 27.70 (2.72) (13.79) Distribution costs 1.18 1.87 1.43 2.33 0.25 21.19

%) 2,232.02 2,224.55 (7.47) (0.33%) Raw water cost 288.74 222.91 (65.83) (22.80%) 1,150.39 935.25 (215.14) (18.70%) Tap water cost 214.85 242.29 27.44 12.77% 824.58 879.02 54.44 6.60% Rental and services cost

6.35 263.45 0.77 795.64 792.27 0.43 Cost of goods sold 139.69 129.14 8.17 132.87 5.13 418.50 416.74 0.42 Distribution costs and administrative expenses Distribution costs 46.25 33.48 38.14 47.18 (1.97

. Distribution of faucet products therefore the business has higher incomes 2. Cost of sales and gross profit margin The company's cost of sales in the 3rd quarter of 2019 is 452.77 million baht, increased from

was increased from previous year 52.55% to 54.21%. It came from the sales of high cost goods with the increased portion and the sales promotion activities to clear existing goods in stock. Distribution

Distribution of Newly Issued Shares and Share Warrants by Issuer

guillotine is a rapid, transparent, low-cost and inclusive process of reviewing a large number of existing regulations to repeal those that are no longer needed and amend those that are not suited to the

, represented a GPM of 66.1%, increased from THB 2.8mn in 4Q/2018, where GPM was 30.4% due to the reduction in the setup cost as explained in the cost of sales section.     Distribution costs and Administrative

goods. Distribution cost and administrative expenses amount to Baht 108.53 million. It decreased Baht 14.12 million or equivalent to 11.51% which gained from the expenditure adjustment to the categories

economy are seeking for value- for- money service. Operators introduced smaller package with lower speed of unlimited data to capture low-budget segment amidst weak consumer spending. Competition in fixed