demand from household customer. As a result, gross profit margin of raw water business dropped to 52.83%. Major costs of raw water business (Million Baht) For the three-month period For the nine-month

THAILAND. Tel: 02-0195000 Meanwhile, the gross profit increased from THB 1,402.4 Mn to THB 1,481.2 Mn respectively, an increase of THB 78.8 Mn or 5.6%. The gross profit margin decreased from 48.0% in 2018 to

and amortization from investment to increase raw water distribution capacity. Furthermore, the average sales price was lower from rising demand from household customer. As a result, gross profit margin

(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

1,516.80 (29.24) (1.89%) Gross Profit Margin 53.12% 60.64% 57.34% 61.86% Raw Water Distribution by Customer Group (Internal usage for tap water production is included) Raw Water Distribution by Area

. 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

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

Gross Margin 7.42% -2.09% Net Profit Margin -12.37% -14.39% Debt to Equity Ratio (Time) 8.96 5.88 Total Expenses The 3-month Operating Result as ended 30 June 2017 Construction Income In the 2nd quarter

Shareholders ' Equity 251.63 202.01 49.62 24.56 Basic Loss Per Share (Baht) -0.36 -0.15 Gross Margin -1.71% 3.04% Net Profit Margin -132.08% -23.48% Debt to Equity Ratio (Time) 3.58 1.78 Total Expenses Summary

with business reorganization in order to enhance corporate efficiency and growth contributing to favourable operating results by achieving gross profit margin and EBITDA since Q1-2020. UWC Group’s