Disease 2019 (COVID-19) in Thailand, which is rapidly spreading, the government has declared a state of emergency on all areas of the Kingdom of dated 25 March 2020 and according to the Section 9 of the

affected by the COVID–19 outbreak. However, the Company’s revenues generate from large projects that have continued its operation since 2019. Moreover, most of the customers are government agencies and state

million, decreasing Baht 2,221 million or 25.23 percent, over-quarter. The decrease could be attributed to non-interest income which fell Baht 8,785 million, or 54.37 percent, due mainly to the volatility

for remaining of year 2020 with targeting 200 caravans in the nearest future, along with government projects, in line with the government’ s measurement to booth Thailand’ s economy by increasing

policy directions. The SEC has completed the amendments, which are expected for publication in the Government Gazette in early December this year. In the meantime, asset management companies are

wildfire. Such budget should also be used to generate long-term income for the communities and discourage labor migration to urban areas. The SEC supports the project and encourages more organizations to

%) Other income 80 5% 70 4% 10 14% Total revenues 1,572 100% 1,677 100% (105) (6%) 2 EMS business The Company had revenue from EMS business for the first quarter of 2020 amounting to Baht 338 million, a

to lower household income, sharp decline in employment, particularly in export-related manufacturing sectors, and high rate of household debt. Despite the government economic stimulus, the impact of

10.21% Sales and service income 5,586 4,920 666 13.54% Gains on exchange rate 102 199 -96 -48.47% Other income 50 89 -38 -43.22% Cost of sales and services 4,912 4,421 491 11.11% Gross Profit 675 500 175

1 1. ANALYSIS OF FINANCIAL PERFORMANCE In the first half of 2017, East Water Group had total consolidated sales and services income of 2,249.07 million Baht, increased by 16.36 million Baht or 0.73