effective in 2019. 2.2 The decrease gross profit margin in the remaining portion resulted from the Indirect costs, most of which are fixed costs, were not decreased in the same direction of Sales. Gross

for all products. These measures would be effective in the first quarter of 2019. The growth of credit card business and personal loan business in Thailand was still growing strongly despite the

from project works and services 68.44 80.96 (12.52) (15.46) Total Revenue from Sale and Services 225.02 248.60 (23.58) (9.49) Cost of sales of goods 108.49 118.22 (9.73) (8.23) Cost of project works and

disclosed, low-visibility firms may utilize tweeting as a cost effective way to bring awareness to this information. Information Asymmetry Reduction • Tweeting results in a reduction in information asymmetry

) (7.65%) Raw water cost 262.24 247.94 (14.30) (5.45%) Tap water cost 205.21 221.60 16.39 7.99% Rental and services cost 37.43 32.28 (5.15) (13.77%) Construction cost under Concession Agreements(1) 98.42

operation had more improvement and effective. - Finance Cost The Company recorded finance cost of 1,568 million baht for nine-month period, decreasing by 2% y-y. For the third quarter, finance cost was 527

services (excluding Fuel Cost) 1,554.21 1,723.91 (169.70) (9.8) Revenue from financial leases 885.23 1,056.21 (170.98) (16.2) Share of profit of associate entities and joint ventures 845.82 526.70 319.12

16). Net Profit (Loss) and Net Profit (Loss) Margin In the 1st quarter of 2021, the net profit was THB 28.5 Mn, an increase of THB 72.7 Mn. The main reasons were effective cost and expenses management

16,601 (14%) (8%) 48,283 53,047 10% Cost of sales (excluding depreciation and amortization)1 (13,835) (12,488) (11,217) (19%) (10%) (34,402) (36,648) 7% Gross profit1 5,391 5,650 5,384 (0%) (5%) 13,881

rates during 1Q20. Interest expense totaled Baht 1,301 million, a decline of 6.1% yoy, with cost of funds declining to 2.0% for 1Q20 comparing to 2.3% for 1Q19 from effective cost management in line with