Baht because the company has stopped transferring water from Nongplalai reservoir to Chonburi area in consistent with the sufficient water supply in Chonburi area. Therefore; gross profit margin of raw

demand from household customer. As a result, gross profit margin of raw water business dropped to 52.83%. Major costs of raw water business (Million Baht) For the three-month period For the nine-month

Airport Media, while Trans.Ad Group’s cost is mainly from hardware and software. As a result, overall gross profit margin was decreased from 46.9% to 35.6%. THB (mn) 2018 (Restated) 2019 YoY (%) Operating

THAILAND. Tel: 02-0195000 Meanwhile, the gross profit increased from THB 1,402.4 Mn to THB 1,481.2 Mn respectively, an increase of THB 78.8 Mn or 5.6%. The gross profit margin decreased from 48.0% in 2018 to

and amortization from investment to increase raw water distribution capacity. Furthermore, the average sales price was lower from rising demand from household customer. As a result, gross profit margin

% NPAT from financial statements (excl. NCI) 3131 175 -44.2% Gross profit margin 59.1% 58.2% EBITDA margin 70.6% 41.3% NPAT from operation margin (excl. NCI ) 29.9% 22.5% NPAT from financial statements

(3.68) (10.96%) 137.37 94.39 (42.98) (31.29%) Gross Profit 367.91 355.73 (12.18) (3.31%) 1,218.87 1,173.38 (45.49) (3.73%) Gross Profit Margin 56.90% 61.79% 58.58% 62.22% Gross Profit of Raw Water

from operation 104 226 118.2% Net profit (exc. Minority Interest) 102 221 116.5% Gross profit margin 55.1% 58.2% EBITDA margin 23.5% 37.3% NPAT margin (from operation) 14.1% 24.3% NPAT margin (exc

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