required by the Bank of Thailand and decreasing from 31 December 2017 at 21.857%. The ratio of Tier I capital fund to risk assets was 17.131%, higher than the 7.875% minimum rate required by the Bank of

ANALYSIS FOR Q1/2018 4 Gross Profit of Raw Water Business for Q1/2018 was 344.81 million Baht, decreased by 63.93 million Baht or 15.64% compared to Q1/2017 due to the decreasing of household customers and

Liabilities As of 31 December 2018, the Company held total liabilities of THB 265.48 million, decreasing 60.61% from the end of last year. Total liabilities fell as short-term loans from financial institutions

capital of SPRIME for 9M19 by decreasing value of the trust units by THB 0.176 (par value per unit from THB 10.00 decreased to THB 9.824) to distribute to the unitholders. Such reduction of paid-up capital

increased by 7% from the end of last year to 68,467 million baht. The portion of long-term borrowings was 44,061 million baht or represented 64% of total borrowings, decreasing from 75% of fiscal year 2018

3,707,911 $0.63 4,015,315 (3.11) (72.52) $0.74 3,914,885 (17.30) (472.99) Total US$ (293.79) Total US$ (2,038.98) The price of copper decreased, resulted in the cost of goods sold decreasing by 1.5% in 2019

10.09% 1.2 Export sales decreased by Baht 61.13 million or 28.96%. The major decreasing came from installation income from a customer in Lao. 2. Incomes from installation pipe in the year 2019 increased

June 2017 and 31st March 2017 stood at Baht 635.44 million and Baht 655.42 million respectively. The decreasing in liabilities was mainly to the payment of trade payable. 2.3 Shareholders’ equity As at

decreasing profit. Financial position Assets Unit: Million Baht 30 September 2017 31 December 2016 Increase (decrease) % Variance Current assets 4,781 3,932 849 22% Non-current assets 3,393 2,937 456 16% Total

and loss account which has not yet occurred and is shown in the shareholders’ equity until the due date of such instrument in the same manner as decreasing surplus or discount of a debt instrument. (5