WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q2/2020 4 5. RAW WATER BUSINESS (CONT.) Gross Profit of Raw Water Business for the first half of

DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR 2019 4 5. RAW WATER BUSINESS (Cont.) Gross Profit of Raw Water Business in 2019 was 1,448.54 million Baht

(42.60) (4.79%) Net profit attributable to owner of the parent 229.38 300.41 (71.02) (23.64%) 838.86 881.03 (42.17) (4.79%) Earnings per share (EPS) 0.14 0.18 (0.04) (23.64%) 0.50 0.53 (0.03) (4.79%) Raw

due to the raising in raw water sales volume and net profit attributable to equity holders of the parent company of 609.48 million Baht, increased by 28.85 million Baht or 4.97%. Income statement

/2020 4 5. RAW WATER BUSINESS (CONT.) Gross Profit of Raw Water Business in Q1/2020 was 398.71 million Baht, decreased by 5.55 million Baht or -1.37% compared to Q1/2019 following to increasing of

due to the declining in raw water sales volume and net profit attributable to Equity holders of the parent company was 1,117.52 million Baht, decreased by 103.66 million Baht or 8.49%. Income statement

Q1/2017 due to the declining in raw water sales volume) and Net profit attributable to Equity holders of the parent company was 302.67 million Baht, decreased by 61.26 million Baht or 16.83% compared

raw water and electricity expenses which caused to the declining of 215.14 million Baht or 18.70% of the total cost. Gross profit, therefore; slightly decreased by 61.45 million Baht or 2.86% to

- 747.8 - 679.6 10.0% Selling expenses - 20.1 - 15.9 26.3% Administrative expenses - 44.0 - 45.0 -2.2% Finance costs - 7.9 - 11.4 -30.3% Profit for the period 42.6 131.7 -67.7% Net Profit 4.9% 14.5% EBITDA

compared to same period of previous year as total other revenue of 49.96 Million Baht due to selling scrap of raw material, unrealized profit from investment and decline of interest 2 (2) Gross Profit