company to have continuous operating funds in the initial stages, therefore having to borrow from financial institutions Causing liabilities to increase 3 The Company had shareholders' equity as of 30

the THB that affected the value of the Company’s overseas assets. • Net debt to equity ratio as of 31 December 2019 stood at 0.48x, an improvement from 0.55x in 31 December 2018. SIGNIFICANT EVENTS

for the three- month period and nine- month period ended 30 September 2017, which have been reviewed by the company’ s authorized auditor. The company would like to clarify the operating results of the

of 4 previous year and subsequently paid down loan from its operating cash flow and additionally from proceeds of land sold. The shareholders’ equity at the end of 2Q’19 increased by 13% yoy and 8

Microsoft Word - 2017 Results Notification letter_English February 13, 2018 The Director and Manager The Stock Exchange of Thailand Re: Information concerning Fiscal Year 2017 Operating Results KCE

for Establishing Branch Offices of Intermediaries dated 26 June 2013). Details Yes No 4.1 Maintenance of net capital or shareholders' equity: (a) In case of intermediary subject to the net capital rules

detail as follows: I. The operating revenue breakdown by business segment In the second quarter of 2019, the Company and its subsidiaries’ revenue from sales of real estate decreased from the same period

expenses (34.35) (36.96) (2.60) 7.58% Other expenses (2.74) (5.15) (2.40) 87.50% Profit from operating activities 53.11 36.14 (16.96) -31.94% Share of profit of investment in associates 0.71 (1.07) (1.78

Q1/2017 due to the declining in raw water sales volume) and Net profit attributable to Equity holders of the parent company was 302.67 million Baht, decreased by 61.26 million Baht or 16.83% compared

the 2nd quarter financial statements as of August 31, 2019 which were reviewed by Deloitte Touche Tohmatsu Jaiyos Audit Company Limited. The operating performance is summarized as follows. Overview