adjustment with PPA 61.0% 53.0% 59.0% 51.1% Revenue from Sale of Investment Properties - - - n.a. 132.1 1,449.0 1,316.9 996.9% Gross Profit - - - n.a. 20.5 611.1 590.7 2,888.2% Gross Profit Margin n.a. n.a
adjustment with PPA 61.0% 53.0% 59.0% 51.1% Revenue from Sale of Investment Properties - - - n.a. 132.1 1,449.0 1,316.9 996.9% Gross Profit - - - n.a. 20.5 611.1 590.7 2,888.2% Gross Profit Margin n.a. n.a
177.3 140.4 (36.9) (20.8%) 494.2 382.3 (111.9) (22.6%) Gross Profit Margin 59.6% 51.9% 58.4% 50.8% GPM before adjustment with PPA 60.1% 52.5% 59.4% 51.5% Revenue from Sale of Investment Properties 72.3
for Wastewater Management 3 Gross Profit from Operation excludes Other Revenue from Utilities Business. 4 Other Incomes mainly consists of Gain on exchange rate from USD Loan to related parties at WUPIN
concession agreement and gain on fair value adjustment of investment. (Translation) Bangkok Expressway and Metro Public Company Limited Management Discussion and Analysis for the year 2019 8 (Translation
from sales and rental and rendering of services (5) Adjustment to earnings are Net gain(loss) on foreign exchange, Impairment gain(loss), Gain(loss) on disposal of assets, Gain(loss) on disposal of
วิท 62 ถนนสขุมุวิท แขวงพระโขนงใต้ เขตพระโขนง กรุงเทพฯ 10260 http://www.sevenup.co.th Tel. 0-2741-5700-5 / Fax 0-2741-6878 / Company Tax ID : 0107545000021 7UP009/20 2 March 2020 Subject: Management
. Huaykwang, Bangkok 10310 F + 66 (2) 6452828, + 66 (2) 6452829 VAT ID 0107538000151 Thailand W www.wiik‐hoeglund.com -Translation- LWH/ACC 18/05/LT049 May 11, 2018 Subject: Management discussion
-9320 1 Ref: PCL 2019/003 February 20, 2019 Subject: Management Discussion and Analysis Yearly Ended 31 December 2018 To: The President of the Stock Exchange of Thailand Panjawattana Plastic Public
-o-Y due to the effect of the annual selling price adjustment, a change in foreign currency rates and an increase in the cost of goods sold resulting from a higher cost of raw materials Copper, Copper