(51.5%) Operating expenses (716.5) (581.5) 23.2% (937.8) (23.6%) Selling and administrative expenses1 (743.8) (700.0) 6.3% (1,054.8) (29.5%) EBITDA 33.1 131.6 (74.9%) 2,116.5 (98.4%) Finance cost (281.2

รา้งเพ่ิมเตมิ 2. โครงการลงทนุระบบบาํบดันํา้เสยีในประเทศพมา่ เป็นงานลงทนุในลกัษณะ Build Own and Transfer (BOT) ปัจจบุนั ไดเ้ริม่ดาํเนินการก่อสรา้งแลว้บางสว่น แตบ่รษัิทมีแผนจะยกเลกิขอ้ตกลงสมัปทานดงักลา่ว

of creditors. In cost of sales due to the company had sales volume decreased in 2019 as result to the costs of goods and services decreased amount of 34.99 million Baht or decreased 11.49% compared

due to lower contribution from GHECO-One; despite favourable impact from higher Gross Profit from Operation, lower Finance Cost and lower Income Tax Expense. 3 Normalized Profit attributable to Owners

with Diamond Brand”, as well as effective cost management having maintained good gross profit margin and increased net profit in 2020. (2) Analysis of Operating Results and Profitability (2.1) Revenues

under a concession arrangement 131.3 - 131.3 N.A. (>100) Cost of sales and services (788.7) (858.3) (69.6) (8.1) Cost of construction under a concession arrangement (131.3) - 131.3 N.A. (>100) Gross

% 481.2% 68.5 529.4 672.8% Cost of sales and services (828.9) (788.7) (796.3) 1.0% (3.9%) (1,687.2) (1,585.0) (6.1%) Cost of construction under a concession arrangement (68.5) (131.3) (398.1) 203.2% 481.2

729.9% Cost of sales and services (819.3) (796.3) (822.9) 3.3% 0.4% (2,506.5) (2,407.9) (3.9%) Cost of construction under a concession arrangement (21.2) (398.1) (215.0) (46.0%) 914.2% (89.7) (744.4

purchase agreement 102.8 99.2 101.6 2.4% (1.2%) 203.7 200.8 (1.4%) Revenue from construction under a concession arrangement 398.1 - - - N.A. (

.(