higher proportion than selling price increase as well as Graphite Electrode’s price which is a part of conversion cost still high in this quarter. On a YoY basis, the Company and subsidiary had total net

Baht 30,195 million comparing with the year 2017 which was Baht 24,977 million, increased Baht 5,219 million due to the increase in sale volume as well as the increase in raw material price and cash

subject Impairment evaluation. And loss on impairment of investment in subsidiaries Baht 65 million as well as provision for court case claim Baht 25 million comparing with same period of last year which

additional provision of THB 20 Million due to increase in the benefit of employees who have past service of 20 years or more from 300 days to 400 days according to the announcement of Labour Protection Act

well as the rising of maintenance costs. EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q2/2019 5 6. TAP WATER BUSINESS (Cont.) Major

well as the subsidiary’s land and buildings as additional collateral for repayment in the amount of 400 million baht, until the Company can repay the debt. Subsequently, the mortgagee (debenture

Monetary Fund projected that the global economy may grow 3.9 percent in 2018, and the US would see brighter growth of 2.9 percent compared to 2.3 percent in 2017, due to additional positive factors including

shelters on the land, bought by the Company in 2016 with the purpose to raise and breed the Company’s excess animals, were not able to proceed as planned. The development was prolonged until the additional

Analysis | 2 Executive Summary In 2Q2018, Domestic palm oil production has increased as well as in other countries, consequence to lower Crude Palm Oil (CPO) prices and Crude Palm Kernel Oil (CPKO) prices

to a 20 years power supply agreement which is extendable for up to an additional 5 years. The construction of the project has progressed 89.83% (The construction plan was 88.38%). The commercial