against the US dollar and Euro in the period, which resulted in THB sales declining by Bt111 million (Table 1). The drop in revenue in 1Q19 was mainly pressured by a decrease in sales volume by 1% Q-o-Q and

reservoirs in Chonburi and Rayong were 53% and 52% of total capacity respectively. Water Volume (Million Cu.M) Chonburi Rayong Bangpra Nongkho Dokkrai Nongplalai Klongyai Prasae Water reserve 66.16 7.80 35.48

in Chonburi and Rayong were 36% and 31% of total capacity respectively. Water Volume (Million Cu.M) Chonburi Rayong Bangpra Nongkho Dokkrai Nongplalai Klongyai Prasae Water reserve 44.08 5.19 30.14

utilization rate to available capacity, and eventually a higher cost of goods produced and low margin. To offset a slowdown in orders, the Company reduced costs by obtaining better sources of raw materials

/2017 Q1/2018 YoY QoQ Average Daily Production Volume (K.L/day) (Production Capacity 810 K.L./day) 571 748 788 38% 5% B100 Sales Volume (Million litre) 53 72 73 38% 1% Revenue (Million Baht) 1,639 1,745

Year of 2018 WHAUP finished our 2018 with the record high Net Profit of Baht 2,251.9 million, a 13.7% increase from 2017 with Normalized Net Profit of Baht 2,267.8 million, a 61.2% increase from 2017. 1

the plant used in the production and distribution of wire/ PC strand and cold drawn wire of subsidiary with the total value of Baht 50 million due to increase its capacity. Such transaction of the

and target to commence COD and record revenue in December 2018. Nam Che 1 Hydro Power Plant (Run of the river) with an installed capacity of 15 MW have 92.6% construction progress. The COD schedule has

% and 75% of total capacity respectively. Water Volume (Million Cu.M) Chonburi Rayong Bangpra Nongkho Dokkrai Nongplalai Klongyai Prasae Water reserve 75.02 10.55 65.09 136.65 34.24 202.01 Percentage of

Foil, Laminate and Fiberglass. However, an increase in capacity and efficiency gained from the latest investment that supported sales volume growth helped lessen the effect of the above on profit margin