an increase in total revenue of 81% YoY. These were mainly from a (one-time) recognition of an upfront 50-year lease payment of a certain office space at Singha Complex and higher contribution from

Discussion and Analysis For the Operating Results ended September 30, 2018 Report and Analysis of the Operating Results In Q3/2018, the amount of aviation fuel services volume at BKK and DMK totaling up to

policy of some distribution channels in domestic to enhance the efficiency of expenses. Such policy made the decrease of revenue but decrease the expenses caused from that distribution channels also. In

- 0.02 100.00 Total net sales and service income 354.02 - 354.02 100.00 3. Distribution costs and administrative expenses increased by 70.65 percent compared to the same period last year. Because the

Cost of project works and services 64.61 60.79 3.82 6.28 Total Costs of Sales and Services 182.83 173.78 9.05 5.21 Gross Profit 65.77 46.76 19.01 40.65 Other incomes 5.31 3.61 1.70 47.09 Distribution

management business dividing two types of income, as below; 2.1 Income from water production and distribution increased by Baht 9.33 million from investment in a company possessing a water production contract

and services 263.70 277.74 (14.04) (5.06) Total Costs of Sales and Services 753.19 734.65 18.54 2.52 Gross Profit 272.67 283.71 (11.04) (3.89) Other incomes 12.44 10.60 1.84 17.36 Distribution costs

services 59.31 64.61 (5.30) (8.20) Total Costs of Sales and Services 167.80 182.83 (15.03) (8.22) Gross Profit 57.22 65.77 (8.55) (13.00) Other incomes 1.16 5.31 (4.15) (78.15) Distribution costs 18.00 17.80

2018 stood at THB 56,866mn, growing by THB 16,814mn or +42.0% YoY, mostly from the consolidation of the acquired hotel business, the EBT of UE and the capital increase via issuance of preferred shares

(decrease) in cash and cash equivalents (111) Cash and cash equivalents at 1 January 2020 424 Effect of exchange rate changes on balances held in foreign currencies 1 Cash and cash equivalents at 31 March