increased of finished goods Baht 85.0 million, work in process Baht 0.2 million, supplies Baht 6.0 million, decreased of raw materials Baht 54.4 million and goods in transit Baht 18.0 million. -2- 5

bottle was 23.3 MB, an decrease by 12.5 MB or 35% y-o-y mainly due to affect from increase in raw material cost of PET, including to selling price adjustment and its adjustment has difficulty; while this

% and 14.4% compared to Q1/2017 and Q1/2016. Cost of goods sold in Q1/2018 was 80.7% of revenue, up from 77.2% in Q1/2017 and decreased from 86.6% in Q1/2016. This is due to the average price of raw

raw material and production cost management. - QSR business recorded its GPM of Baht 20.2 million of which 15.0% decreased from Q2/2017 or in Baht 3.6 million due to closing unperformed branches

601.9 1.5% 1,076.8 634.4 69.7% 1 Operating Revenue consists of Raw Water Sales, Industrial Water Sales, and Wastewater Treatment Services. 2 Other Incomes from Utilities Business consists of Excessive

by increased of finished goods Baht 275.25 million, work in process Baht 1.25 million, raw materials Baht 16.69 Baht, supplies Baht 29.55 million and goods in transit Baht 6.13 million. -2- 5

previous year by 0.79 percent, due to the increase in the cost of raw materials and increase in selling and administrative expenses, as well as increase in cost from long holiday period during the Songkran

MB, an decrease by 21.9 MB or 32.8% y-o-y mainly due to affect from increase in raw material cost of PET, including to selling price adjustment and its adjustment has difficulty; while this business

price and substitution of other raw materials. 1.2 The company’s income from energy business in Q2/2018 was Baht 55.88 million, increased from Q2/2017 the company’s income from energy business was Baht

0.30 -623% Note : (1) Adjusted EBITDA refers to EBITDA excluding impact of Stock Gain/(Loss) and NRV (2) Extra items were expenses from raw materials derogation amounting to THB 2,004 million net of tax