development - Concrete products and others Baht 424.61 million Baht 828.43 million Baht (403.82) million (48.75) Baht 997.25 million Baht 430.67 million Baht 566.58 million 131.56 1.4 Cost of sales and service

of Jan - Dec 2019 = 2,706.44 million Baht Revenue of Jan - Dec 2019 = 4,680.08 million Baht EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS

meeting of the Board of Directors of Fancy Wood Industries Public Company Limited (the “Company”) No. 8/2017 dated September 8, 2017 approved the investment in the property development business by acquiring

6 December 2007 1 | P a g e Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 3, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Tel. 66 2 654

ended of June 30, 2020 The operating result for the past 3 months of quarter 2 ends of June 30, 2020 of the company show a net loss of 6.55 million baht, compare to the same period of previous year which

bear fruits, the network rationalization start to show financial benefits as from Q4 onwards, the combustible costs will continue to remain relatively affordable, and the Solar project continue to

-month period of 2015 as a result of the profit derived from the disposal of land held for development in the amount of Baht 69.82 million and the profit derived from the disposal of investment property in

= 619.77 million Baht Revenue of Q1/2019 = 1,164.83 million Baht EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q1/2019 Proportion of

(67.55) (10.61%) 1,283.52 1,146.76 (136.76) (10.65%) EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q2/2018 EASTERN WATER RESOURCES

(119.28) (6.39%) EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q3/2018 EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY