% 100.00% Cost of sales (290.46 ) (600.93 ) 310.47 (51.66%) (98.17%) (84.80%) GROSS PROFIT 5.42 107.69 (102.27 ) (94.96%) 1.83% 15.20% Distribution costs (26.13 ) (35.11 ) (8.98 ) 25.58% (8.83%) (4.95

the Third Quarter of 2018 WHAUP finished our 3Q2018 with a Net Profit was Baht 631.1 million, a 10.7% increased from 3Q2017 with Normalized Net Profit of Baht 577.4 million, a 28.2% increased from

WHART was 39.0%. Industrial Development Business 2018 2019 Increase/ (Decrease) THB mm THB mm % Revenue 2,124.9 3,505.0 64.9% Gross Profit 1,066.4 1,777.2 66.7% Gross Profit Margin 50.2% 50.7% GPM before

% Chachoengsao 7.19% Chachoengsao 5.90% % EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q2/2017 4 Gross Profit of Raw Water Business in the first

higher than the average price from the Department of Internal Trade, Ministry of Commerce, resulting in gross profit in 2019 increased from 2018. Consulting and property development business The Company

.(Dec.) % Inc.(Dec.) Services income 62.06 76.71 14.65 23.61% 126.87 155.72 28.85 22.74% Cost of rendering of services (49.49) (54.54) (5.05) 10.21% (100.51) (111.11) (10.59) 10.54% Gross profit 12.58

394.7 Power Plants under Constuction and Development (24.6) 31.0 55.6 -226.3 Share of Profit from Investments in Associates and Joint Ventures and Dividend Income 1 201.1 695.9 494.8 246.1 4 The growth

ที่ บช NO. AC. 04/2019 14 November 2019 Subject: Clarification of changes in operating performance of more than 20% To: The President of the Stock Exchange of Thailand M.K. Real Estate Development

affected from alternative energy development plan(AEDP). Moreover government recently announced that bought alternative energy with lower price, it caused decreasing investment. The revenue from sale

21.71 2.73% 505.45 54.0% -483.74 -95.70% Loss from impairment of property investment 5.69 0.66% - - 5.69 100.00% Total Expense 723.45 84.40% 1,303.52 139.1% -580.08 -44.50% Profit before finance costs and