retail shop since all branches of Can do had been closed since the end of Year 2018 as well. At the present, the Company has the proportion of revenue between export sales and domestic sales equivalent to

grew continuously and was able to add a significant gross profit to the Group. For this quarter, the proportion of profit margin contributed by this business was 30.3% of total gross profit (not

2.27 1.00 0.55 Total cost of goods sold and expenses 373.85 392.14 The overview of costs and expenses of the 1st quarter 2018, the proportion of cost good sold decreased that resulted to the increase of

-517-0109-14 Fax 66-2-5170529 February 27, 2017 Subject Management Discussion and Analysis for the year ended December 31, 2016 To Managing Director of Stock Exchange of Thailand Table of Financial Ratio

shareholders of the Company who will have subscribed for and have been allocated the newly issued preferred shares in proportion to their shareholdings (Rights Offering) at no cost and at a ratio of 2 newly

slight decline in calcium carbonate product group sales, especially in Q1. (2.2) Cost of Goods Sold and Gross Profit Margin (% of revenue excluding other income) In Q2/2017, the proportion of cost of goods

2014. Starting from January 1, 2014, provident funds are allowed to invest in derivatives for the purpose of efficient portfolio management (EPM) up to a permissible proportion. The funds were previously

proportion of gross margin equals to 26.34 per cent and 28.59 per cent respectively, which decreased from the previous year. Main reason was caused by expanding of new dialysis unit of a subsidiary in the 1 st

months of 2017 with the gross margin of 16.33% and 19.88% respectively. In the first nine months of 2017, gross margin ratio of turnkey business is increased compared to the same period of last year

of 2018 = 4,220.99 million Baht EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR 2018 Proportion of revenues and cost Raw water