%) (937.5) (72.0 %) (21.6 %) Gross Margin 277.0 27.4 % 364.5 28.0 % (24.0 %) Distribution Costs (99.7) (9.9 %) (197.2) (15.1 %) (49.5 %) Administrative Expenses (69.5) (6.9 %) (63.2) (4.9 %) 10.0 % Profit

305.8 (158.5) (34.1%) Gross Profit 318.7 174.8 (143.9) (45.2%) Gross Profit Margin 68.6% 57.2% GPM before adjustment with PPA 69.7% 57.6% Rental and service income from warehouses, distribution centers

of operations of the Group The Group has principally engage in distribution of product and equipment, design, assembly and installation, and maintenance service of pure water treatment system

1,310.9 (2,307.0) (63.8%) Gross Profit Margin 30.8% 42.6% GPM before adjustment with PPA 45.3% 44.2% 1. Rental and Service Income  Rental and service income from warehouses, distribution centers and

) EY 4 EY EY AQI 3 EY (3:1) 6:1) EY senior manager manager EY staff turnover 27.33%) (20.31%) EY EY career path) succession plan) EY 3.5 (Engagement Performance) EY engagement partner ) EY 2 engagement

) (2,869) (2,608) -32% -9.1% (12,024) (7,634) -37% General administrative & staff cost (2,976) (3,152) (3,321) 12% 5.4% (8,534) (9,121) 6.9% Bad debt provision (350) (565) (551) 57% -2.6% (954) (1,641) 72

services decreased by 42.8 percent. 1.4 Selling expenses Selling expenses consist of sale staff expenses, transportation expenses and promotion expenses. For the period of three months ended 30th June 2020

Baht 1,297.29 million, or stood at 87.93 percent of total revenue of previous year. 1.4 Selling expenses Selling expenses consist of sale staff expenses, transportation expenses, commissions and

2 3 50% Selling and Distribution Expenses (57) (62) 9% Administrative Expenses (33) (40) 21% Finance Cost (3) (2) (33%) Profit (Loss) before Income Tax Expenses 14 19 36% Tax Expenses (2) (4) 100% Net

(96) (114) 19% Gross Profit 168 226 35% Other income 4 3 (25%) Selling and Distribution Expenses (83) (100) 20% Administrative Expenses (46) (61) 33% Finance Cost (1) (1) 0% Profit (Loss) before Income