attributable to lower industrial water’s sales volume mainly due to lower demand according to drought mitigation plan by the government despite new contribution from Demineralized Water. Gross Profit and Gross

and unemployment problem as improve from the government measure, such as ameliorate cost of living. In particular, the adjustment to the minimum wage in past. As a result in the year 2018, the Group has

982.3 169.9 21.5% (21.8) (2.2)% Profit Attribute to Equity Holders of the Company 133.3 110.9 108.0 22.4 20.2% 25.3 23.4% In the first quarter of 2017, the Company's total revenue increased from Q4-2016

rose by 5.5 percent to Baht 13.2 trillion (79.1 percent of GDP) as of the third quarter of 2019, weighed on household purchasing power. However, in the second half of the year, the government rolled out

sector’s growth slowed down and private investment slightly dropped. However, private consumption continued to hold up, partly due to improvements in non-farm income and government measures to support low

since real estate business is the significant driving force of the economy. The government has thus issued measures to boost the real estate market i.e. tax deduction of up to 200,000 THB for first time

) 14,986 19,891 Unit: million Baht 30 June 2020 31 December 2019 Fi na nc ia l St at us Total Liabilities 2,406 2,194 Total Asset 15,195 15,488 Total Equity 12,789 13,294 2. Changes in Accounting Estimates

the year and from additional government measures to support low-income households, although these may gradually decrease. Private investment was also expected to slow down due partly to a decline in

the second half of the year. However, government expenditure was slightly decline as well as the contraction on agricultural and construction sector. The Thai economy in 2018 is expected to expand more

by 3.2%, higher than 2.9% growth in 2015, according to data from Bank of Thailand and NESDB. This was mainly from acceleration of government expenditure and the recovery in both of farm income and