statements comprise of the consolidated financial statements and the separate financial statements as compared with the financial statements for the same period in the year 2017 ended December 31, 2017. The

% Others 1,778MB 15% (-12% YoY) (-3% YoY) (-7% YoY) (-11% YoY) (-7% YoY) Page 3 3. Results of Operations and Profitability Consolidated (Unit: Million Baht) Q2/2018 Q2/2017 %YoY 6M/2018 6M/2017 %YoY Sales

’ Meeting No. 6/2018, held on September 7, 2018 and details of which are disclosed in notes No. 11 of the Company’ s consolidated financial statements for nine months ended September 30, 2018, and the

calculation of the transaction value based on the total value of consideration relative to the total asset value per the Company’s consolidated financial statements reviewed by the certified public accountant

of consideration based on the Company’s consolidated financial statements as of 31 December 2019 audited by the certified auditor. There is no acquisition transaction to be incurred in the past 6

1 1. ANALYSIS OF FINANCIAL PERFORMANCE In Q1/2018, East Water Group had total consolidated sales and services income of 1,045.39 million Baht, decreased by 117.85 million Baht or 10.13% compared to

ownership on SHR (40%) and performance of SHR included in consolidated financial statement of the Company since November 2019. SHR, the Company’s subsidiary, entered into a joint venture with Wai Eco World

(Pneumatic Tube Carrier Systems) already completed at projects. . Analysis of results of operations. Statements of Comprehensive Income – Consolidated (Million Baht) For six-month periods ended June

1 1. ANALYSIS OF FINANCIAL PERFORMANCE In the first half of 2017, East Water Group had total consolidated sales and services income of 2,249.07 million Baht, increased by 16.36 million Baht or 0.73

million. It results from the increase in inventories, unbilled receivables and trade account payables. The quality of assets Trade account receivables Unit: Million Baht Consolidated financial statements 30