operations and water management project. 11. Tax expenses in the year 2019 was Baht 0.28 million while there was Baht 3.25 tax income in the year 2018. It is increased by Baht 3.53 million from increasing of

herewith explanation and analysis of the Management as follows. 1. Income, gross profit, net profit Unit : Million Baht 1. Income 2018 2017 2016 Increase (decrease) 2018-2017 1.1 Construction material 233.01

proportion of investment of 40 : 59.99, respectively, of the registered capital of Baht 1 million. During the 3rd quarter, SUT Hydro has recorded service income of Baht 2.00 million. The 3-Month Operating

June 30, 2017 compared to that of the period ended June 30, 2016 as follow: Summary of operation result for the period ending on June 30, 2017 (1) Total income from sales, comparing with the last quarter

or loss Consolidated financial statements (Thousand Baht) 30 Sep 20 % 30 Sep 19 % YOY %YOY Sales 718,548 71.96% 665,954 78.58% 52,594 7.90% Service income 110,265 11.04% 102,848 12.14% 7,417 7.21

905.0 3.6% Net gain (loss) on exchange rate (58.6) 55.1 30.9 (43.9%) N.A. (>100) 53.6 86.0 60.4% Gain (loss) on forward contracts (50.8) 11.2 4.5 (59.8%) N.A. (>100) (1.3) 15.7 N.A. (>100) Other income

-million of land-sale revenue in 2018 from about 41 rai of land title deed transfer while it had only THB 45.06-million of revenue from about 15 rai of land transfer in 2017. ▪ The higher increasing rate of

March 2019, which performed as targeted. This resulted in same store sales in the first quarter of 2019 at a satisfactory level, with the company having total income and net profit in the amount of

income. Public spending also increased from spending on goods and services and compensation expenses while capital spending declined from the high base effect of last year from the disbursement of

by 20.8%. This represent net profit margin of 0.91%. The major reasons for the Company’s net profit increasing were the Company can achieve a higher total revenues and gain from fair value adjustment