1 1. ANALYSIS OF FINANCIAL PERFORMANCE For the 6 months ended June 2018, East Water Group had total consolidated sales and services income of 2,093.08 million Baht, decreased by 155.99 million Baht

quarter of 2020 with probable forward looking risk factors due to COVID-19 situation. For the 3rd quarter of 2020, the Company had consolidated operating income of 1,333 million baht, an increase of 49

“Company”) submitted its separate financial statement and its consolidated financial statement for the second quarter of 2019 ended on 30 June 2019 which were reviewed by the auditor. The Company hereby

“Company”) submitted its separate financial statement and its consolidated financial statement for the second quarter of 2017 ended on 30 June 2017 which were reviewed by the auditor. The Company hereby

first quarter ended March 31, 2020 with those of 2019. This report discusses principal changes in the reviewed consolidated financial statements. Changes in Financial Reporting Standards The financial

0.30 times respectively. The lower D/E ratio was due to smaller current liabilities as a result of smaller size of business transactions in the latest quarter. (Unit: Baht million) Consolidated cash

quarter with net losses due to lockdown and the disruption of activities that occurred. Sales have not yet been able to adjust back to normal due to the novel coronavirus (COVID-19) outbreak, despite the

or loss Consolidated financial statements (Thousand Baht) 30 Sep 20 % 30 Sep 19 % YOY %YOY Sales 718,548 71.96% 665,954 78.58% 52,594 7.90% Service income 110,265 11.04% 102,848 12.14% 7,417 7.21

sentiment. Meanwhile, exports and tourism expanded at a slower pace, partly due to the impact of the US trade policies and a drop in Chinese tourist arrivals. Headline inflation in the third quarter of 2018

Mall Public Company Limited (the “Company”) would like to submit management’s discussion and analysis for its result of operations from the consolidated financial statements for the three-month and six