23.65 -8.58 -36.27% 5.09% 6.58% Administrative expenses 35.41 44.49 -9.08 -20.41% 11.95% 12.38% Other expenses 22.93 - 22.93 N.A 7.74% 0.00% Financial costs 30.29 24.93 5.36 21.50% Income tax expense 2.65

762.6 340.3 422.3 124.1 Administrative expenses (88.0) (102.8) (14.8) (14.4) Finance costs (26.3) (109.8) (83.5) (76.0) Profit before income tax 648.3 127.7 520.6 407.7 Tax income (expense) (54.8) 4.9

-controlled. • Other costs of service were Bt2,377mn, increasing +24% YoY and +14% QoQ mainly due to content acquisition cost i.e. Disney+ hotstar and Olympic program. SG&A expenses were Bt5,240mn, decreasing

%) Construction revenue under Concession Agreements(1) 61.59 83.31 (21.73) (26.08%) 232.57 275.65 (43.08) (15.63%) Costs of Sales and Services 577.61 584.67 (7.06) (1.21%) 2,219.31 2,224.55 (5.24) (0.24%) Raw water

PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION Natural Gas • Natural gas costs increased 16.0% y-on-y and 11.8% q-on-q (Baht 15,918 million in 9M’2018 / Baht 5,906 million in Q3’2018

1,459.4 16.5% 1,642.9 3.4% Other revenues 83.0 111.9 (25.8)% 148.1 (44.0)% Total Revenue 1,782.5 1,571.3 13.4% 1,791.0 (0.5)% Operating expenses 621.4 535.6 16.0% 611.3 1.7% Selling and administrative

as a result of the lower expenses which including depreciation, financial expenses, FX and derivative loss and the higher profit from investments in associate and joint venture. However, as the company

accounts Finance costs 2,353 1,786 549 2,318 1,418 532 2,360 1,872 560 0.3% 5% 2% 2% 32% 5% 8,753 5,285 2,175 9,289 6,646 2,209 6% 26% 2% Total Expenses 4,688 4,268 4,793 2% 12% 16,213 18,145 12% Profit

utilization rate to available capacity, and eventually a higher cost of goods produced and low margin. To offset a slowdown in orders, the Company reduced costs by obtaining better sources of raw materials

Expenses 31.25 35.24 (3.99) (11.13) Net Profit (Loss) (59.03) 58.74 (117.77) (200.49) Earnings per share (Baht per share) (0.05) 0.05 (0.10) (200.00) Net Profit The company and subsidiaries realized net loss