%) Gross Profit Margin 63.99% 62.53% 62.41% 60.35% Raw Water Distribution by Customer Group (Internal usage for tap water production is included) Raw Water Distribution by Area (Internal usage for tap water

). Total Gross Refinery Margin (Total GRM) rose 67% YoY and 26% QoQ, while Market GRM lowered from the decreasing production volume. Moreover, the average crude price adjusted upward in the quarter, leading

boost of the export activities, private consumption and tourism sector. However, the net profit margin was lowered from the increase in selling and administrative expenses while gross margin stay flat

% Gain from exchange rate Other income 3.03 2.10 0.94 45% Total revenues 295.72 233.17 62.55 27% Cost of sales and services 208.23 159.63 48.60 30% Gross profit 84.46 71.44 13.01 18% Gross profit margin 29

top-up kiosks. Gross Profit and Gross Profit Margin Q3’ 2018 Q3’ 2017 Increase (decrease) Million Baht % Million Baht % Million Baht % EMS business 72 18% 97 15% (25) (26%) Telecommunication business

% Gross profit margin 38.10% 42.97% 2. Advertising and Media Business Revenue from services 39.85 4.19 (35.66) (89.49%) Cost of services 23.90 18.47 (5.43) (22.72%) Gross profit of advertising and media

10.8% 5,591 10.4% 288 5.2% Normalized EBITDA 4,045 7.5% 5,597 10.4% (1,552) (27.7%) Normalized profit for the period 1,104 2.0% 2,439 4.5% (1,335) (54.7%) (1) Percentage margin is calculated by dividing

Margin -17.27% -1.18% Net Profit Margin -98.99% -121.11% Debt to Equity Ratio (Time) (16.47) 3.18 Total Expenses Summary of the Annual Operating Result as ended 31 December 2019 Construction Income In 2019

-2.34 1739.32% 56.22 4.87 1054.41% Logistics Management 12.42 3.74 232.09% 32.21 23.52 36.95% Gross profit margin Sea Freight 26.00% 28.19% -2.18% 22.77% 20.13% 2.64% Air Freight 10.89% 16.86% -5.98

expense from branch closure. Gross Profit and Gross Profit Margin In the 1st quarter of 2021, the gross profit was THB 298.4 Mn, an increase of THB 27.2 Mn or 10.0% from the same period of 2020 and the