% comparing with Q3/16. This is because of the higher cost of raw material in th the cost of goods sold is increased by 53.96 million baht (10.16%) which affect to our gross margin to down by 36.6 million baht

of facilitating the comprehension of foreign participants in the SEC’s rules and regulations and shall not in any event be construed or interpreted as having effect in substitution for or supplementary

2018 as the raising in raw water sales volume while costs of sales and services totally 2,003.08 million Baht, increased by 357.38 million Baht or 21.72% because of increasing of electricity cost. Net

due to the raising in raw water sales volume and net profit attributable to equity holders of the parent company of 609.48 million Baht, increased by 28.85 million Baht or 4.97%. Income statement

regulations promulgated under the Provident Fund Act B.E. 2530 and the Securities and Exchange Act B.E. 2535 and shall not in any event be construed or interpreted as having effect in substitution for or

interpreted as having effect in substitution for or supplementary to the Thai version thereof. Please note that the translation has not been subjected to an official review by the SEC Office. The SEC Office

due to the declining in raw water sales volume and net profit attributable to Equity holders of the parent company was 1,117.52 million Baht, decreased by 103.66 million Baht or 8.49%. Income statement

PPG products caused we cannot bid for any projects , and we have to set up provision for obsoleted raw materials and stocks. Please be informed. Yours Sincerely, Panya Boonyapiwat Chairman

million Baht, decreased by 27.23 million Baht or -7.97%. ง Income statement (Million Baht) 1st Quarter 2020 2019 YOY % Total Sales and Services revenue 1,157.02 1,164.83 (7.81) (0.67%) Raw water revenue

export sales volume was dropped including the reduction of selling price. The fluctuation of raw material price and keen competition of selling price affected to the domestic sales whereas the appreciation