or 6.94% compared to Q2/2017 (If excluding construction revenue under concession agreement of 1,980.48 million Baht, the total consolidated sales and services income would decrease by 120.25 million

Baht or 2.98% compared to the same period of last year (If excluding construction revenue under concession agreement of 2,999.93 million Baht, the total consolidated sales and services income would

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 In

Amount Change Amount Change Q3.2020 Q3.2019 Amount % Q3.2020 Q3.2019 Amount % Revenue from sale – net 399.89 320.12 79.78 24.92% 392.11 319.50 72.60 22.72% Others income 4.70 6.87 -2.18 -31.64% 6.13 5.96

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

distribution for food and beverage business, while revenue from sales of goods and services were increased closely from the same period of previous year that the reason why revenue from this business was higher

20.10% Tax expense 12.83 0.36% 14.72 0.39% 1.89 14.70% Profit for the period 51.25 1.43% 62.24 1.66% 10.99 21.45% Revenue from sales and services The Company’s distribution channels can be divided into

Significant Event Operating Highlights in Q1/2024 Q1/23 Q1/24 Change +/(-) (THB million) %YoY Operating Revenue 264 340 29% Gross Profit 168 226 35% EBITDA 80 113 41% Net Profit (Loss) for the Company 34 54 59

the Company in Q1/2023 Q1/22 Q1/23 Change +/(-) (THB million) %YoY Operating Revenue 198 264 33% Cost of Sales (78) (96) (23%) Gross Profit 120 168 40% Other income 3 4 33% Selling and Distribution

branches of the F&B business. The target revenue from food and beverage business is THB1,000mn within 2023. ( * source: Press Release no. 5/2020 from Bank of Thailand, 5 February 2020 ) Management Discussion