of this products of the company to decrease. However, the company has increased online distribution channels as a choice for new generation customers. It is expected that the domestic market will

Ended December 31, 2018 To The President The Stock Exchange of Thailand Management Discussion and Analysis Consolidated Financial Statements For Financial Year ended December 31, 2018 Overall Group

Limited ( “ the Company” ) would like to submit this Management Discussion and Analysis for the year ended 31 December 2019 with details as follows: ( Since the consolidated financial statements included

results were calculated based on the consolidated financial statements which consist of the Expressway Business, Rail Business, Commercial Development Business, the manufacture and distribution of treated

by SREIT, the Company’s wholly owned subsidiary and REIT manager of SPRIME. Net proceed was recorded as unearned revenue in the Company’s consolidated financial statement and would be recognized as

1 1. ANALYSIS OF FINANCIAL PERFORMANCE In 2018, East Water Group had total consolidated sales and services income of 4,220.99 million Baht, decreased by 87.05 million Baht or 2.02% compared to 2017

rebounded to 26.0%, or +350 bps QoQ after capacity debottlenecking. *Net Profit = Net Profit attributable to owners of the parent Financial Performance for Q3’19 and 9M’19 Consolidated Income Statement

% Net Profit (Loss) Margin 1 (%) (5.1%) 14.5% 19.6% 1.3% 11.3% 10.0% Number of branches as at December 31 40 43 7.5% 40 43 7.5% • After You Public Company Limited (“the Company”) reported consolidated

consolidated operating revenue of THB 246 million in Q3/2022 and THB 674 million in 9M/2022, increased by 114%from Q3/2021 and 56% from 9M/2021, respectively. • The increase in revenue was mainly due to the

”) reported consolidated operating revenue of THB 264 million in Q4/2022 and THB 938 million in 2022, increased by 40% from Q4/2021 and 51% from 2021, respectively. • The increase in revenue was mainly due to