and nearby countries Objectives of Investment 1. To increase production capability and shorten lead time for sales to customers in the US and nearby countries 2. To expand distribution network in the

Distribution Station, Provincial Waterworks Authority (Phanat Nikhom Branch): Project value 520,344,000 baht and (2) The Nong Ka Kha Project at Nong Ka kha Water Distribution Station, Provincial Waterworks

, which came from costs of sales, distribution costs and administrative expenses control, Change in recognition of depreciation of right-of- use asset pursuant Thai Financial Reporting Standards No. 16

56.90 34.89 Finance costs - Existing businesses 19.63 31.49 (11.86) Finance costs - Solar energy 26.33 1.80 24.52 Profit before income tax 45.84 23.61 22.23 Income tax expense 2.41 4.26 (1.84) Total

of 35% yoy. The increase was mainly the accounting expense stemming from the revised down of social security income of 4Q’17 for amount of THB 10.7 million. Without taken into account this extra

invest in ammonia truck, which made depreciation expense slightly increased. The ammonia transportation service for Q3 2018 was 71.21% of total transportation service income, while in Q3 2017 it was 51.46

(311.70) (258.46) 53.24 20.60 Gross profit 33.17 17.48 15.69 89.76 Other income 0.75 0.90 (0.15) (16.67) Profit before expense 33.92 18.38 15.54 84.55 Administrative expenses (16.76) (15.49) 1.27 8.20

-32.54% Profit before income tax expense 113.36 53.59 (59.78) -52.73% Income tax expense (14.62) (8.57) 6.04 -41.34% Profit for the year 98.75 45.01 (53.74) -54.42% Other comprehensive income - 0.15 0.15 N

distribution and the well-being of local people. Page 9 2. Significant events in 2017 2.1 The progress in construction projects 2.1.1 Project completion - Klongluang Utilities Company Limited, (EGCO holds a 100

with some risks. Nevertheless, strengthening the domestic economy requires a long-term strategy to solve the country’s structural problems and promote a more even distribution of economic prosperity to