E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending June 30, 2019 The Thai economy faced increased headwinds in the second quarter of 2019. Exports, tourism and private investment – among major economic activities – were hampered by the worse-than-expected global economic slowdown. Meanwhile, consumers’ purchasing power weakened amid high household debt, whereas public investment and the government’s budget disbursement were aff...

provide consumers with high quality oil that is environmentally friendly through the reduction of pollution emission from the combustion process, while serving to assist farmers. Whereas the industrial

outperformed in terms of the environmentally friendly practice of the business and sustainability practice to the society by focusing on improving the development of products and enhancing the manufacturing

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a building and the installation of electricity-generating machinery at the exaggerated price of 58 million baht. Nongree Power Plants, approved by Mr. Bhusana, paid for the first instalment of 12.48

and installation of the pipeline 239.05 248.60 (3.84) Income from water production and distribution 31.25 24.31 28.55 Income from installation and distribution of water production systems 3.40 25.03

Quarter 1/2020 Quarter 1/2019 Changed (%) Income from sale pipe 253.61 222.65 13.91 Income from installation pipe 54.41 16.40 231.77 Incomes from the water management business - Sales and service of water

and installation of the pipeline 269.18 227.86 18.13 Income from water business 54.63 36.54 49.51 Other income 3.32 5.05 (34.26) Total revenues 327.13 269.45 21.41 Cost from sale and installation of the

; Overall of the 9 months of year 2018, sale and installation of the pipeline business was adversely affected by purchasing from pipe laying projects; waiting for bidding, waiting for contract signing, and

(%) Income from sale and installation of the pipeline 255.35 260.76 (2.07) Income from water business 47.53 72.10 (34.08) Other income 25.90 4.19 518.14 Total revenues 328.78 337.05 (2.45) Cost from sale and