RTD fruit juice market was Baht 11,324 million, a decrease of 1% YoY. RTD fruit juice market value and growth is as shown in figure 2. ( Source: Nielsen) Figure 2: MAT December 2019 RTD Fruit Juice

days 69 72 63 Cash Conversion Cycle days 81 75 66 Finanial data and profitability ratios Sales revenues million baht 49,269 46,887 46,938 %change (%) 5.1% (0.11%) 6.51% Gross profit million baht 12,547

100,000 tons per month. HRC and scrap price is stable for this quarter comparing to Q3/17 while the market demand is also stable so far. We are positive to record the growth of production volume by 6

over wholesale sales to cautiously control the overall sales credit in this channel. As a result, sales for the current period decreased slightly by 5.4%. Despite the gradual economic growth and the

, raw materials, were also increased in the same trend of HRC price, nevertheless, the Company was able to maintain growth in metal spread in this quarter rose to THB 8,093 per ton, increasing from the

the debtors and assessment of both the current and forecast general economic conditions. (in thousand Baht) Allowance for impairment losses 31 December 2019 31 March 2020 Change Consolidated financial

business growth rate in 3-5 years 2. The executive should prescribe key policies in supervising the undertaking of fund management business in writing with an approval from the board of directors of the

the future plan such as business growth rate in 3-5 years Page 4 of 32 (Unofficial Translation) 2. The executive should prescribe key policies in supervising the undertaking of fund management business

The financial expenses in 2017 were 16.91 million baht decreased from previous year which were at 7.77 million baht. Comparing in term of percent of revenues, the ratio is not much change. It was at

Ref Ref. 2S_BoD017/2018 May 9th, 2018 Subject: Clarification of the change in operating result more than 20% To : The president The Stock Exchange of Thailand 2S Metal Public Company Limited (the