recognition from share of loss from SDWTP, resulting from higher depreciation, lower sales volume and the delay in the construction of pipeline expansion to connection points of water distributors due to the

Management’s Discussion and Analysis Electricity Sales to EGAT • Electricity sales to EGAT increased 14.3% year- on-year from Baht 16,933 million in 2016 to Baht 19,354 million for in 2017. • The volume of

appreciation of Thai Baht which reflect the lower competitive advantage of Thai chicken export as compared to Brazil. EU Countries were the second largest export market of Thai chicken meat which sales volume of

for promoting and maintaining security, credibility, transparency and fairness in derivatives trading, as follows: (1) procure a derivatives trading system capable of supporting expected trading volume

Expenses 31.25 35.24 (3.99) (11.13) Net Profit (Loss) (59.03) 58.74 (117.77) (200.49) Earnings per share (Baht per share) (0.05) 0.05 (0.10) (200.00) Net Profit The company and subsidiaries realized net loss

Administration Expenses 31.25 35.23 (3.98) (11.30) Net Profit (Loss) (59.03) 58.74 (117.77) (200.49) Earnings per share (Baht per share) (0.05) 0.05 (0.10) (200.00) Net Profit The company and subsidiaries realized

volume weighted average price of the Company’s ordinary shares traded on the SET during 7 consecutive business days prior to the subscription date falls within the range of THB 6.90 to THB 8.08 per share

Total Assets 5,820.1 5,544.0 276.1 Current Liabilities 472.6 373.6 99.0 Noncurrent Liabilities 76.1 72.8 3.3 Total Liabilities 548.7 446.4 102.3 Issue and Paid Share Capital 1,545.0 1,545.0 0.0 Premium on

million and earnings per share of Baht 0.54, an increase of 22% when compared to consolidated profits (attributable to equity holders of the parent) of Baht 887 million and earnings per share of Baht 0.45

3.72 28.95 Administrative Expenses 26.12 17.28 17.22 15.01 2.21 14.72 Financial costs 0.54 0.21 0.43 0.21 0.22 104.76 Total Expenses 185.71 162.73 165.02 154.11 10.91 7.08 Profit before share loss from