MAJOR SHAREHOLDERS (31 MAR 2020) (%)

Provincial Waterworks Authority 40.20%

The Manila Water Company, Inc. 18.72%

Industrial Estate Authority of Thailand 4.57%

Thai NVDR Company Limited (NVDR) 2.56%

Mr.Min Tieanworn 1.98% BNP PARIBAS SECURITIES SERVICES, LONDON BRANCH 1.72%

Aberdeen Growth Fund 1.46%

Aberdeen Long Term Equity Fund 1.46%

Thanachart Prime Low Beta 1.24%

Aberdeen Small Cap Fund 1.12%

STOCK INFORMATION Stock code EASTW

Market SET

Price 9.20 Baht (At 31 MAR 2020)

Market Cap (Mil. Bt.) 15,306.27

Paid-Up 1,663,725,149 Share

Free Float 41.03%

Foreign 24.48%

52 Week High/Low 13.70 / 8.40

23.4 20.4 21.1

8.2 7.9 8.2

0

5

10

15

20

25

30

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

MCM

Raw water Tap water

Eastern Water Resources Development and Management Public Company Limited Factsheet Q1/2020

• Water Grid with the length of 491.8 km.

• Water Network Connect water sources in Eastern Thailand

• Water Complex Manage water structure to match each type of industries

The Company runs water supply business by

managing raw water transmission system through large water pipe to

feed the water to industrial sector and for consumption to support the

plan for developing eastern coastal area into the main industrial zone of

the country.

SIGNIFICANT EVENT

WATER SALE VOLUME

EASTW

Total Tap water = 24.3 MCM.

Total Raw water = 64.9 MCM.

WATER SITUATION

MAR 31, 2020 EASTW : 9.20 Vol. : 818,900

The company has been selected as one of 98 listed companies in the list of Thailand Sustainability Investment, which is a list of "2019 Sustainable Stocks” and received the 2019 Rising Star Sustainability Awards, in the Sustainability Excellence category. Bod’s EW had approved the dividend payment of 0.47 Baht per

share. This amount of an interim dividend of 0.21 Baht per share

and dividend for the second half at 0.26 Baht per share

228.4

176.3 134.9

0

50

100

150

200

250

300

350

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

MCM

Water Vol.

Asset (Mil. Bt.) Q1/2019 Q1/2020

Cash and Short-terms Investments 1,084.24 675.93

Trade and other receivables 546.89 470.60

Other current assets 44.37 107.15

Total current assets 1,675.50 1,253.68

Property, plant and equipment 14,382.19 15,708.47

Intangible assets 3,629.77 3,485.78

Other non-current assets 590.05 1,648.77 Total assets 20,277.51 22,096.70

Liabilities and Shareholders’ equity (Mil. Bt.) Q1/2019 Q1/2020 Short-term borrowing 997.00 572.00

Trade accounts payable 214.61 171.69

Current portion of long-term borrowings 826.20 266.20 Other current liabilities 433.44 1,847.70 Total current liabilities 2,471.25 2,857.59

Long-term liabilities 2,706.20 4,280.00 Debentures 2,398.05 2,398.47

Other non-current liabilities 1,553.38 1,230.27 Total liabilities 9,128.88 10,766.33

Issued and paid-up share capital 1,663.73 1,663.73 Share premium 2,138.52 2,138.52

Retained earnings-unappropriated and other 7,346.38 7,528.12 Total shareholders’ equity 11,148.63 11,330.37

Income statement (Mil. Bt.) Q1/2019 Q1/2020 Total revenues 1,123.46 1,139.90 Total expense 779.14 822.50

Net profit attributable to equity 344.32 317.40 EBITDA 659.62 651.85

Earnings per share (Baht) 0.21 0.19

Financial Ratio Q1/2019 Q1/2020 Current ratio (X) 0.68 0.44

Return on equity (%) 10.75% 9.20%

Return on Asset (%) 5.80% 4.80% Debt to Equity ratio (X) 0.83 0.97

Debt Service Coverage ratio (DSCR) (X) 2.27 4.61

Gross profit/ total sales and services income (%) 49.36% 48.13% Net profit/ total sales and services income (%) 31.18% 28.19%

Cash Flow (Mil. Bt.) Q1/2019 Q1/2020

Cash flow from Operating activities 594.40 454.58

Cash flow from Investing activities (269.73) (572.48)

Cash flow from Financing activities (312.43) 117.37

Cash and cash equivalents at beginning of the period

578.21 58.21 Net cash and cash equivalents 590.45 57.68

Eastern Water Resources Development and Management Public Company Limite Factsheet Q1/2020

การเงนิ Q1/2562

FINANCIAL INFORMATION

696

292

367

230

61

257

1,123

779

0

200

400

600

800

1,000

1,200

Revenue Q1/2019 Cost Q1/2019

Mil. Bt.

711

312

373

234

56

277

1,140

823

Revenue Q1/2020 Cost Q1/2020

Dividend Dividend policy is not less than 30% of net profit.

(after deduction of the reserve / other necessary items) * Excluded construction revenue and cost under concession

สมัปทาน

IR Contact Fl. 24 EAST WATER building1 Vibhavadi Rangsit Rd. Jomphol, Chatuchak, Bangkok 10900 Tel: 02-272-1600 Website: www.eastwater.com IR Website: www.investor.eastwater.com Email: IR@eastwater.com DISCLAIMER: This document has been prepared by the EASTW. The information in this has not been independently verified. No representation, warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information and opinions in this document. None of the EASTW or any of its agents or advisors, or any of their respective affiliates, advisors representatives, shall have any liability (in negligence or otherwise) for any loss howsoever arising from any use of this document or its contents or otherwise arising in connection with this document. The document is for information purposes only and does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for share in Eastern Water Resources Development and Management Public Company Limited (“EASTW” and shares in EASTW, “shares”) in any jurisdiction nor should it or any part of it form the basis of, or be relied upon in any connection with, any contract or commitment whatsoever.

0.42 0.44 0.42 0.45 0.47 0.47 0.47 0.47

3.26%3.61% 3.89% 3.88% 3.98% 3.79%

4.39% 4.27%

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2%

3%

4%

5%

0.00

0.20

0.40

0.60

0.80

1.00

2012 2013 2014 2015 2016 2017 2018 2019

PersentageBath/Shared

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