continued to decrease 4% YoY. Meanwhile, Moving Annual Total (MAT) June 2019 of domestic RTD fruit juice market was Baht 11,690 million. RTD fruit juice market value and growth is as shown in figure 2. Figure

of the Company, as of June 30, 2019) After calculating the transaction size, it has shown that the transaction size does exceed 15 percent but no more than 50 percent, as comparing to total assets of

expenses. 2As shown in financial statement, excluding minority interest. 3Net profit excludes minority interest, is adjusted for amortisation of PPA in MACO, gain of fair value measurement in MACO at

are as shown in the Information Memorandum regarding the Offering and Allocation of the Newly Issued Shares of Ocean Commerce Public Company Limited to the Specific Investor (Private Placement

Directors’ opinion and details of the capital increase and the allocation of the newly issued ordinary shares are as shown in the Information Memorandum regarding the Offering and Allocation of the Newly

Company. Details of the Board of Directors’ opinion and details of the capital increase and the allocation of the newly issued ordinary shares are as shown in the Information Memorandum regarding the

% 25.5% 24.3% Adjusted net profit margin 22.5% 27.1% 28.2% 1Adjusted for share of investment in JV and associates and non-recurring expenses. 2As shown in financial statement, excluding minority interest

. The details have shown in the table below. 3 (Unit: Million Baht) Revenue 2Q'18 2Q'17 % Change YTD 2018 YTD 2017 % Change Industrial Water Sales 311.2 281.1 10.7% 623.2 557.5 11.8% Raw Water Sales 68.9

% EBITDA margin 45.4% 47.1% 41.5% Net profit margin 20.6% 24.3% 21.5% 1As shown in financial statement, excluding minority interest. PERFORMANCE ANALYSIS (2Q 2018/19 vs 2Q 2017/18) VGI continued to

23.20 21.59 20.09 19.03 17.89 - - 20.19 Source: Department of Internal Trade (DIT), Ministry of Commerce as of Oct 2018 According to the statistices of average monthly crude palm oil prie from DIT shown