water supply to some part of Phuket and Phang- Nga that operate by Gold Shores Company Limited (GS) and Hydro Enterprise & Aqua Design Company Limited (HYDRO). This transaction is between the Company and

net profit of Baht 1.351 million, compared to the same period of the year 2018, with a net loss of Baht 2.765 million or an increase of Baht 4.116 million or a hundred percent 148.86 per each of the

assets, advance payment for the construction, the development of pipeline system to increase water supply, as well as the investment in concession assets in an amount of 1,764.46 million Baht and the net

Osotspa Public Company Limited Q2’19 and 1H’19 Management Discussion & Analysis 14 August 2019 Q2’19 and 1H’19 Management Discussion & Analysis Page 1/6 Financial Highlights - Q2’19 Net profit* was

-68 -22 -47 216.3% Net profit (loss) Attributable to Equity Holders 601 235 366 156.1% Net profit (loss) Attributable to Equity Holders Margin (%) 8.0% 5.3% 2.7% Net profit (loss) attributable to equity

of transaction : To be a manufacturing supply chain of the company (5) Acquired securities details Securities issuing company : Pattaya Manufacturing Co., Ltd. …/2 Translation - 2 - Type of business

)% Fibers 51 59 52 (3)% 200 212 (6)% Feedstock 154 114 87 76% 476 217 120% Core EBIT 198 155 135 46% 613 410 49% Core Net Profit after Tax and NCI (US$ M) 137 110 82 68% 416 242 72% Core Net Profit after Tax

because its price was more attractive than synthetic fatty alcohols price due to the decreasing of crude palm kernel oil price. Meanwhile, supply from natural fatty alcohols and synthetic fatty alcohols

% which lies in the same direction for both years. Net profit shows a significant growth in 2017 in comparison to the previous year at 66.18 million THB or 6.90% of total revenue compared to 27.11 million

due to lower prices. Net debt to equity is at 0.99 times, well below IVL’s covenants, and supported by stronger operating cash flow. The dividend payout of THB 1.225/share for 2019 remains higher than