12,279 13% Gross profit 1,256 1,647 1,834 11% 46% 2,354 3,481 48% EBITDA 1,101 1,482 1,630 10% 48% 2,016 3,113 54% EBIT 778 1,067 1,185 11% 52% 1,378 2,253 63% Non-operating other income and expenses 136

1 1. ANALYSIS OF FINANCIAL PERFORMANCE In 2018, East Water Group had total consolidated sales and services income of 4,220.99 million Baht, decreased by 87.05 million Baht or 2.02% compared to 2017

42.1% Share of profit/loss from JVs/associaties (equity income) (24.7) 3.4 N.A. 8.6 N.A. Finance cost 458.2 113.0 305.5% 208.1 120.2% Reported Net Profit/Loss (253.7) (162.5) 56.1% (80.8) 213.9% GOP

20,831 CAPEX & Fixed assets 7,684 Sale of equipment 76 Spectrum license 1,758 Interest received 1 Lease liability payments 3,208 Income tax and Finance cost paid 1,121 Net borrowings payment 3,625

flow 41,578 CAPEX & Fixed assets 15,856 Net borrowings received 6,582 Dividend paid 12,611 Sale of equipment 79 Lease liability payments 6,267 Interest received 56 Income tax and Finance cost paid 5,345

partnership was at Bt3,366 mn, a increase 3.4% YoY, following higher traffic usage with NT and a begining to recognize rental revenue from network equipment rental on NT’s 700MHz, despite a lower

(MD&A) For Q2/2017 GSteel 13 Appendix Unit : Million Baht 2 nd Quarter 2017 2 nd Quarter 2016 % Increase (Decrease) Income Revenue from sale of goods 5,445 5,212 4% Reversal of bad and doubtful debts

insurance for medical staff, 3) N95/KN95 masks for hospitals, 4) equipment i.e. infrared thermometers and ventilators for hospitals, 5) survival packs to the affected communities including those surrounding

cash equivalents, trade accounts receivable and inventories whereas the decreased in non-current assets mainly due to the depreciation for property, plant and equipment.  Total Liabilities As of 31

Company Limited Page 4/13 Appendix Unit : Million Baht 1st Quarter 2020 1st Quarter 2019 % Variance Income Revenue from sale of goods 2,696 3,398 (21%) Net foreign exchange gains 0 99 (100%) (Reversal of