selling expenses with sale will be found that decreasing from 23.76% to 15.68%, which indicates that the Company had control to selling expenses effectively. Administrative Expenses For the third Quarter

decrease by 75.88 million Baht or 2.47% compared to same period of 2017) due to the declining in raw water sales volume and net profit attributable to Equity holders of the parent company was 881.03 million

Q1/2017 due to the declining in raw water sales volume) and Net profit attributable to Equity holders of the parent company was 302.67 million Baht, decreased by 61.26 million Baht or 16.83% compared

Baht or 5.72% compared to same period of 2017) due to the declining in raw water sales volume and net profit attributable to Equity holders of the parent company was 580.63 million Baht, decreased by

) measured at amortised cost  Adoption of TFRS 16 requires the recognition of right-of-use assets and lease liabilities Overall market environment The Thai economy for 1Q20 continued on a declining trend

financial reporting standards. Overall market environment The Thai economy for the first quarter of 2020 continued on a declining trend comparing to last year due primarily to the COVID-19 outbreak which

Euro, which resulted in sales in THB terms declining by Bt534 million (Table 1). Cost of Sales and Gross Profit In 2019, the cost of sales was 80%, an increase from 74% in 2018, which resulted in the

เขตจตุจกัร กรุงเทพฯ 10900โทร 0-2937-3312 โทรสาร 0-2937-3328 In the 1st quarter of 2018 the Company and subsidiaries had a total income of 241.65 million Baht, decreasing by 15.54million Baht, or 6 per

represents decreasing of profit 50 Million Baht (391%) from 2017’s profit of 13 million Baht . The main causes for the lower net profit is because the economy was still in the process of recovering in 2017 and

the year ended December 31, 2018 The Company reported net loss for the year 2018 of Baht 195.83 million, comparing with the same period last year which had net profit of Baht 9.87 million, decreasing by