. Furthermore, the average sales price was lower from rising demand from household customer. As a result, gross profit margin of raw water business dropped to 54.99%. Major costs of raw water business (Million

Baht because the company has stopped transferring water from Nongplalai reservoir to Chonburi area in consistent with the sufficient water supply in Chonburi area. Therefore; gross profit margin of raw

(3.68) (10.96%) 137.37 94.39 (42.98) (31.29%) Gross Profit 367.91 355.73 (12.18) (3.31%) 1,218.87 1,173.38 (45.49) (3.73%) Gross Profit Margin 56.90% 61.79% 58.58% 62.22% Gross Profit of Raw Water

189.03 million or -83.40% resulted to gross profit margin of the first quarter of the year 2020 was at 14.62% slightly decreased from the first quarter of the year 2019 which was -49.40%. 3 Selling and

new flavors under Carabao Energy Drink Mandarin Orange. 2 Gross profits and gross profits margin Gross profits amounted to THB 1,003 million, rose by THB 125 million or 14.2%, representing gross profit

the country aligning to the vision of “World Class Product, World Class Brand”, but also providing higher gross profit margin for domestic energy drink as compared to the traditional energy drink. For

% -24.5% 2,120.4 1,782.4 -15.9% EBITDA 396.8 440.6 300.3 -24.3% -31.8% 753.7 740.8 -1.7% Net profit (loss) 158.0 118.2 14.5 -90.8% -87.7% 289.8 132.7 -54.2% Gross profit margin (%) 44.2% 45.9% 41.9% -2.3

Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 8 of 15 Revenue from rental and services business decreased 3.6% YoY, cost increased 1.8% YoY while, gross profit margin stood

% Total Revenues 1,994,081 2,398,510 -17% 1,571,084 1,666,564 -6% Profit (loss) before loss from allowance (184,851) 149,195 -224% 38,502 129,365 -70% margin -10% 7% 3% 8% Profit / (Loss) before interest

expense from branch closure. Gross Profit and Gross Profit Margin In the 1st quarter of 2021, the gross profit was THB 298.4 Mn, an increase of THB 27.2 Mn or 10.0% from the same period of 2020 and the