1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE For

the same period last year. Most raw materials cost increased following the rising of crude oil price that increased around 6.70% comparing to the same period last year, as well as the slowdown of

Baht) Q1/2019 Q2/2019 Q3/2019 Q4/2019 FY2018 FY 2019 %YoY Total Revenues 1,439.49 1,390.26 1,317.88 1,333.65 5,614.13 5,481.27 -2.37% Cost of Sales and Services 1,251.00 1,224.50 1,206.22 1,183.94

started and would be completed in the similar time periods. This caused work overload and shortage of skilled workers Q4/2018 and into Q1/2019, resulting on cost overrun. And another reason is a one-time

2016, mainly due to higher selling price of all products, especially on PVC and Caustic Soda according to higher production cost of Chinese PVC suppliers and limited PVC and Caustic Soda export volume

2. Decrease in cost of goods sold and services (19.92), compared to the same period last year. This is due to the decrease in sales volume. And higher raw material costs. 3.The increase in selling and

% (4.38%) 2.2 Real estate 53.30% 38.67% 40.00% 14.63% 2.3 Total income 34.86% 37.85% 38.14% (2.99%) 3. Other income 5.85 2.60 3.03 3.25 125% 4. Selling expenses, administrative expenses and financial cost

period last year and 5.82 million baht or 63.46 per cent due to in Q2 2016 profits from sales of investments of LAO 6.18 million baht. Expenses 1. Cost of sales and hire of work totaling 174.45 Million

rubber, which is the main raw material cost for production. The Company's profitability in the second quarter of 2017 decreased from the same period of previous year, the return on total assets (ROA

holidays in April so sale representative cannot work on the job. While the cost of and sales and services was 229.92 million baht in Quarter 2/2017 compare to cost of sales and services was 257.62 million