equipment dropped by 38.46% QoQ due to decrease in demand on products. • Other revenues comprise of revenue from sale of scrap and zinc and machinery rental. Cost of Goods Sold • Cost to revenue from

) 13.82% Administrative expenses (11.29) (7.77) 3.51 -31.13% Share of gain of investments in associate 0.03 0.03 0.00 0.25% Finance costs (0.08) (0.06) 0.02 -22.49% Profit before income tax expense 30.31

been shifted slightly from December 1, 2018 to Q1’2019 due to longer time for Lao PDR’s government to patrol and survey all hydro power projects after the heavy flood from the collapse of one saddle dam

, representing a reduction of 3.9% Q-o-Q and 17.8% Y-o-Y, while sales revenue in USD terms declined in line with Baht sales. The Q-o-Q sales drop was due mainly to a backlog of orders at the end of the quarter. In

, which was Baht 2,506 million. The change was due to the net profit for the period, the dividend payment to the shareholders of the Company and the subsidiary and the share acquisition of the subsidiary

79% and Fuel pipeline transportation services at 21% respectively. 1.1.2 Others Income Others income was of Bt8. 2 million decreased by Bt17.8 million or 68.5%(y-o-y) . Other incomes decreased due to

Company started trading its newly issued stock on 15 February 2017. Issued and paid-up share capital Ownership interest 30 June 2017 30 June 2017 Name of the entity Type of business Baht % 80.00 99.27 Car

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

% Normalized Net Profit/4 226.3* 457.1 102.0% 1,140.2* 1,720.9 50.9% /1 Including other income and share of profit from investments in associates and JVs /2 Gross profit including share of profit from

 In Q4/2018, the Company and its subsidiaries recorded total sales of Baht 1,456 million, a decrease of 5% YoY, mainly due to drop in export CMG, domestic CMG, and domestic branded sales. However