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

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

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

TFRS16 implementation (THB 106mn), partially offset by a net loan repayment which benefited the Company in reducing the interest costs. Net loss was THB 1,213.1mn and net profit margin was (230.8

represents decreasing of 34 Million Baht (2,642%) from Q1/2017. The main cause for the lower net profit is economic in Thailand just recovery, and there is a delayed effect before reaching down to

Million Baht were increased 173 Million Baht compare with at the end of December 31, 2018 respectively. Increasing of the total assets from current investment and trade receivables. Assets decreasing from

million equivalent to 26.56 percent, in which the gross profit margin of the Company has decreased when compared to the same period of last year due to decreasing of The Company’s sales and services revenue