Ending of the Period 55.97 52.58 CFROE = Cash Flow Return on Equity Increase (Decrease) (%) 49.79% 33.66% - 8 - The Corporate Group’s net cash from operating activities in the 3rd Quarter 2017 was Baht

Cash Increase (Decrease) – Net 11.69 0.83 Cash at the Beginning of the Period 20.31 23.83 Cash at the Ending of the Period 32.00 24.66 CFROE = Cash Flow Return on Equity Increase (Decrease) (%) 36.85

บริษัทพิจารณาแล้วเห็นว่าเป็นราคาทีเหมาะสมเมอืเทียบกบัผลตอบแทนทีคาดว่าจะได้รับ ในอนาคตซงึพิจารณาจากวิธีการประเมนิโดยวธีิคิดลดกระแสเงินสด (Discounted Cash Flow) และวิธีเปรียบเทียบ อตัราส่วนมลูค่าของธุรกิจที

Flow Return on Equity Increase (Decrease) (%) 30.94% 23.87% The Corporate Group’s net cash from operating activities in the 3rd Quarter 2019 was Baht 515.06 million, which was lower than the net profit

at the Ending of the Period 31.25 32.00 CFROE = Cash Flow Return on Equity Increase (Decrease) (%) 50.92% 36.85% The Corporate Group’s net cash from operating activities in the 2nd Quarter 2020 was

financial strength as the key raw water provider with a comprehensive pipeline network in the Eastern Seaboard area, its high profitability, and reliable cash flows. 9 August 2018, The Board of Director’s

“stable” outlook, which reflects the company’s financial strength as the key raw water provider with a comprehensive pipeline network in the Eastern Seaboard area, rising of water demand in the Eastern

per year, achieved COD in June 2019 in WHA Eastern Seaboard Industrial Estate 4 PERFORMANCE BY BUSINESS Total Revenue of Utilities Business was Baht 473.6 million in 2Q2019, a 12.1% increase from 2Q2018

and Management PLC at “A+” with “stable” outlook, which reflects the company’s financial strength as the key raw water provider with a comprehensive pipeline network in the Eastern Seaboard area, rising

Management PLC at “A+” with “stable” outlook, which reflects the company’s financial strength as the key raw water provider with a comprehensive pipeline network in the Eastern Seaboard area, rising of water