stagnated for 85% since the end of last year. Nevertheless, the Company’s business expansion to the Philippines helps extend the customer base and diversify its revenue streams which mitigate the risk of

, which were recorded as interest expenses in the income statement after the opening but were recorded as cost of construction in the second quarter of the previous year according to accounting standard

%) Note: (1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 EBITDA (MB) 1H/2016 1H/2017 Increased

cost of construction in the third quarter of the previous year according to accounting standard. For the nine-month period, the Company had the net profit attributable to equity holders of the Company in

as cost of construction in the year 2016 according to accounting standard. Also, in the year 2016 the Company had the prepayment fee from re-financing which recognized as a one-off expense of Baht 212

according to accounting standard and employee expense from legal severance pay rates for retirement according to the draft of a new Labour Protection Act. Financial cost amounted to Baht 1,857 Million

28.6%, which increased from the GPM of 20.4% in 1Q/18 due to the transfer revenue was mainly from new project recently developed by the Company therefore, the margin is in line with the industry standard

and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 Raw water costs 47% Tap water costs 37% Rental and services

will grow as continuously and reduce the cost of sales and services that are currently available. And the result is good operation. 5.4 Focusing on business expansion to CLMV countries (Cambodia, Lao PDR

concession agreements for tap water according to accounting standard TFRIC12 EBITDA (MB) For the three-month period For the six-month period Q2/2017 Q2/2018 YoY % 1H/2017 1H/2018 YoY % Operating profit 470.62