decreased by 3. 1 million Baht or 13. 2% when compared with the first six- month of last year in line with revenue decreasing. In addition, planning marketing support project in the first quarter of 2 0 1 9

at June 30, 2018, the Company has total assets at Baht 396.53 million which decreased from as at December 31, 2017 by Baht 25.74 million or equivalent to 6.10%, mainly due to decreasing in property

Baht 807.93 million of the quarter 2/2019. The significant decreasing came from the revenues decreasing of Transmission line works, substation construction works and increasing of Underground and

, with revenues of the IC division in Ayutthaya decreasing 5% and Jiaxing decreasing by 32%. "HTI" the Microdisplay/RFID operation in Ohio sales revenue decreased 32% in Q120 from Q119. Quarter on Quarter

the Company and its subsidiaries as follows: Thailand Economic Q3/18 review and outlook Thailand economic in the third quarter of 2018 continued to grow from strong expansion of Thailand’s export sector

in moderate level. Water supply in the reservoirs was approximately lower than the average water quantity of the past 10 years as decreasing rainfall in that area. The weather forecast of the

Coverage ratio (DSCR) (time) 2.20 2.19 Note: 1) Gross profit and Net profit were excluded construction revenue under concession agreement and other income. In 2019, East Water Group reported a declining in

strong with low debt-to-equity ratio and high current ratio. P a g e | 3 - Management Discussion and Analysis 1Q2020 - 4,346 1,714 2,942 881 1,102 900 83% 17% 61% 39% 77% 23% 1Q2020 1Q2019 4Q2019 2,816

decreasing Baht 0.47 million or approx. 58.02% decrease. The approximate 30.52 % were gained from the interest receivable of bank deposit. Cost of Construction The company and subsidiaries’ cost of

IFRS16 implementation (THB 112mn), partially offset by a loan repayment which benefit the Company in reducing the business costs. Net loss was THB 806.6mn and net profit margin was (40.5%) compared to