auditor, in order to disclose the information to investors and public. The Overview of Business Operation In the 3 rd quarter of 2017, the company had net profit of 10.22 million baht, increased by 4.50

sales in Q4 2017. Costs of goods sold increased by 33% to 1,448.71MB in Q4 2017 from 1,092.37MB in Q4 2016 due to huge increase in LME zinc price which increased gross profit of Q4 2017 by 24% from Q4

resulted mainly from the huge drop in revenue from service by 300.55 million Baht or 78.28% from the same period of the last year. Moreover, the decrease was also affected by a moderate decrease in domestic

last year. The decrease resulted mainly from the huge drop in revenue from construction service by 431.61 million Baht or 80.12% from the same period of the last year. Moreover, the decrease was also

major projects within the first nine months of 2019. Thus, in order to cope with the time frame, substantial subcontractors costing was employed for 2019. The huge operating loss in 2019 is an

giving away cash to the people and welfare payments to the unemployed. While employment remained weak, Policy clarity Direction of the business team and political climate It is a huge risk to the future

1 1. ANALYSIS OF FINANCIAL PERFORMANCE In the first half of 2017, East Water Group had total consolidated sales and services income of 2,249.07 million Baht, increased by 16.36 million Baht or 0.73

recorded total sales revenue of THB 557.33 million and THB 702.11 million, respectively. This is equal to an increase of 26.00 % year on year. Domestic sales revenue increased 31.59% from the same period of

customers’ demand through online channels. Marketing strategy has become more focused on e-commerce websites and social media platforms. International sales revenue increased to 48.58% compared to the last

. The depreciation on machinery was also increased due to higher unutilized machines in this quarter. For the 3rd quarter of 2017, the Company had financial costs of 0.00 million Baht, decreasing by 0.05