67.37 (17.72) (20.83%) Income tax expenses 52.64 59.19 6.55 12.44% Net profit 187.67 227.68 40.01 21.32% Net profit ratio (ROS) 16.24% 16.00% Earnings per share (Baht) 0.45 0.42 (0.03) (6.67%) 1. Overview

Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 20 22 24 26 Executive Statement Summary of Income Business Performance 08 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products

of operations of the Group The Group has principally engage in distribution of product and equipment, design, assembly and installation, and maintenance service of pure water treatment system

163.88 169.99 Cost of Services (87.97) (95.47) (94.27) Gross profit 48.96 68.42 75.72 Other Income 9.46 15.44 9.58 Selling and distribution expenses (8.37) (11.48) (10.80) Administrative expenses (25.51

return and suitable for the industry, while 3rd party product for distribution amount to THB 234 million, up by THB 29 million or 14% due to greater variety of products. The Group modernize the “Carabao

remaining land plots on the date of registration for land ownership transfer within April 2020. Land transfer fee will be equally responsible by the purchaser and the seller. Whereas income tax from the sale

could be attributed to a decrease of Baht 221 million, or 2.08 percent in impairment loss on loans and debt securities and an increase of Baht 835 million, or 2.13 percent in net operating income which

1 1. ANALYSIS OF FINANCIAL PERFORMANCE For 9M/2017, East Water Group had total consolidated sales and services income of 3,268.14 million Baht, decreased by 64.83 million Baht or 1.95% (Total

the real estate has an income guarantee, specify significant information such as conditions of the income guarantee agreement and information on the guarantor and credit rating (if any); - summarized

% Other income 38.3 31.8 27.5 -28.3% -13.7% 80.9 79.2 -2.2% Selling and distribution expenses 595.9 587.2 603.7 +1.3% +2.8% 1,705.0 1,778.9 +4.3% Administrative expenses 296.4 284.8 307.7 +3.8% +8.1% 902.2