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

three months ended 31st Dec 2019, the Company and its subsidiaries had gross profit margin of 12.00 percent, compared with gross profit margin of 12.49 percent in the same period of the previous year

(up 272.7% YoY) largely as a result of the increase in total revenue and the EBITDA margin rose to 31.5% (2018; 13.0%) • Reported net profit of THB 1,867mn (up 394.9% YoY), from aforementioned higher