scheduled to achieve COD in 2Q2019-1Q2020.  Tris Rating affirmed the company rating and senior unsecured debentures at A- with Stable Outlook. 3 PERFORMANCE BY BUSINESS Total Revenue of Utilities Business

that of 72.2 baht per share as of February 28, 2019. Debt to Equity ratio as of May 31, 2019 was stable at 3.8 times. Return on Equity (ROE) and Return on Asset (ROA) equaled to 21.3% and 4.4%, increased

profit margin of the Company was derived from the adjustment in production plan to reflect the slowdown in sales revenue during the first half which resulted in stable production cost including

rating of Eastern Water Resources Development and Management PLC at “A+” with “stable” outlook, which reflects the company’s financial strength as the key raw water provider with a comprehensive pipeline

the liabilities side while the short-term borrowing facility is stable an increase in long-term liabilities due to the 330mTHB term loan used to acquire Saraburi Quicklime impacted total liabilities

stable QoQ. Return on Asset stood at 13.9% which increased from 2Q18. This resulted of efficiency in ARPU management and cost effective control. Return on Equity stood at 46.0%, increasing from 2Q18, due

2018, TRIS Rating affirmed the company rating and senior unsecured debenture rating of Eastern Water Resources Development and Management PLC at “A+” with “stable” outlook, which reflects the company’s

, stable ratio with the corresponding period of previous year. The main reasons were an increase in employee expenses of Baht 1 million due to salary increasing and an increase in promotion expenses of Baht

stable at 0.7 times. Yours sincerely, Pongsarn Klongwathanakith (Pongsarn Klongwathanakith) Chief Financial Officer

operation in the future. In addition, the financial policy of the Company is carefully implemented. The Company is financially stable with sufficient liquidity and strives to build confidence in the