direct sales market and alter its marketing budget in line with revenues from sales and focused more on online channels. The company has the distribution costs for the first six month in total of 229.1

scope of power of the executive director. The executive director is authorised to determine, alter the conditions and details regarding the issuance and offer of each types of debentures in each time; to

future may alter the IFA’s opinion on the transaction accordingly. Information and documents used in preparing this report included but are not limited to the following: ▪ The Resolution of the Company’s

director. The executive director is authorised to determine, alter the conditions and details regarding the issuance and offer of each types of debentures in each time; to undertake any further necessary

, 2019. Furthermore, the Board of Director of the Company has passed the resolution to confer power to determine, alter the date, time, and venue of the 2019 Annual General Meeting of Shareholders; to

and installation of the pipeline 239.05 248.60 (3.84) Income from water production and distribution 31.25 24.31 28.55 Income from installation and distribution of water production systems 3.40 25.03

) (70.9 %) 2.7 % Gross Margin 364.5 28.0 % 374.4 29.1 % (2.6 %) Distribution Costs (197.2) (15.1 %) (148.8) (11.6 %) 32.5 % Administrative Expenses (63.2) (4.9 %) (57.9) (4.5 %) 9.0 % Profit before Income

40 11 28% 30 50 -20 -40% Distribution costs -90 -70 -20 29% -62 -59 -3 5% Administrative expenses -108 -181 73 -40% -75 -150 75 -50% Finance cost - Interest expenses -11 -11 - - -8 -7 -1 14% Corporate

) (73.0 %) (1,030.4) (70.8 %) (10.1 %) Gross Margin 341.7 27.0 % 424.0 29.2 % (19.4 %) Distribution Costs (196.1) (15.5 %) (182.5) (12.5 %) 7.4 % Administrative Expenses (72.5) (5.7 %) (91.6) (6.3 %) (20.9

products increased 16.2%.  Revenues from rendering of services decreased 63.91% due to less margins from publishing, distribution and other service from foreign publications. Thus, the company will no