Baht 81.2 million, raw materials Baht 176.7 million, increased of supplies Baht 6.7 million and goods in transit Baht 43.9 million. -2- 5. Maintenance supplies decreased Baht 10.7 million. 6. Property

last year, driven by the Company was able to control key raw materials price and also increased the operation’s efficiency continuously. Selling Expenses Selling expenses was Baht 1,497 million decreased

due to raw materials for engineering service. The group’s liabilities decreased by Baht (12) million, mainly due to the following reasons: • Bank overdrafts and short-term borrowings from financial

year (decreased by 3.3 percent from Q4/2019), primarily due to the declining prices of seaweed as main raw materials in the production by 8 percent and the discontinuation of the production line in the

of raw materials shortage and postponed the shipments as compared to same period of last year. 2. Cost of sales For the second quarter ended 30 June 2020, the Company’s cost of goods sold was USD

increased of finished goods Baht 65.4 million, goods in transit Baht 16.8 million, decreased of work in process Baht 32.8 million, raw materials Baht 61.2 million and supplies Baht 3.3 million. 5. Maintenance

Operating Revenue consists of Raw Water Sales, Industrial Water Sales, and Wastewater Treatment Services. 2 Other Utilities Revenue consists of Excessive Charge and Service Fees for Wastewater Management 3

34.7 million, supplies Baht 30.0 million, goods in transit Baht 23.5 million, decreased of work in process Baht 20.1 million and raw materials Baht 12.6 million. 5. Maintenance supplies decreased Baht

across 8 company- owned outlets under “Mikka” brand • The sale of products from fresh fruit in Luggaw stores across 9 branches • Sale of raw materials to Mikka Café franchisees in Thailand and After You

) Industrial and chilled water Revenue (THB million) Natural gas (SPP) Maintenance fee Other raw materials Cost of sales and services (exclude depreciation and amortization) (THB million) Management Discussion