5.0% in Q3 2017 to 6.8% in Q3 2018, driven by improved efficiency and increase volume. Selling and administrative expenses were Baht 36 million lower than last year due to cost control and lower

September 2019 increased by 7% yoy due to higher profit accumulated but marginally increased 1% comparing to the end of 2018 because dividend paid for THB 300 million. 30 Sep. 30 Sep. 31 Dec. Sep 19 - Sep 19

amounted Baht 140.05 million. This was due to cost management by carefully set up own operational and maintenance for machines and equipment of solar farms. • Operating and Administrative expenses for the

9% from Q2/2017. The increase in the profit is due to the rise in sales price resulted from the increase in Ft rate in Q3/2017. Also, the volume of electricity and steam sold at Rayong Central

volume; a. Raw Water sales volume decreased by 8.7% YoY mainly due to the planned maintenance shut down of a petrochemical customers and the lower electricity dispatch to EGAT of Glow IPP b. Industrial

period of 2015 due to the decrease in other income. 2. Costs of sales of immovable property For the six-month period of 2016, costs of sales of immovable property increased by Baht 239.68 million or a

Revenue was Baht 458.0 million, a 8.5% increase from Baht 422.0 million in 1Q2018 mainly due to increase of Other Utilties Revenue 1,883.2% YoY and Operating Revenue 2.5% YoY. The increase of Operating

and recognized a total of 256 million Baht. The remaining villas are expected to transfer in 2019 and 2020. While the MahaSamutr Country club project is undergoing a minor redevelopment, which is due to

14mn. Total non-current assets stood at THB 1,343mn, an increase of 71.3% or THB 559mn primarily due to 1) the increase in building and equipment of THB 295mn, which mainly from the recognition of

assets stood at THB 2,421mn, an increase of 11.3% or THB 246mn primarily due to an increase in property, plant and equipment of THB 228mn mainly from the renovation of Street Furniture media and increase