ANALYSIS (For the Consolidated Financial Statements of the Year Period Ending December 31, 2019) (1) Overall Operating Results For the year 2019, the total revenue from sales and services of the Company and

Baht 366 million to an unrealized gain of Baht 688 million for the six months ended June 30, 2017 due to the 8 appreciation of the Baht against the U.S. dollar at the ending of each financial statement

and Analysis (MD&A) For Q2/2017 5 Chart of world crude steel production monthly, ending 30 June 2017 Source: World Steel Association The world steel production capacity utilization ratio of the 67

. Chart of world crude steel production monthly, ending 30 September 2017 Source: World Steel Association Such the situation showed that global crude steel production continues to increase and was moving in

highest transaction value, from the Consolidated Financial Statement of the Company for the period ending 30 September 2017 which was reviewed by the certified public accountant. In this regard, there were

highest transaction value, from the Consolidated Financial Statement of the Company for the period ending 30 September 2017 which was reviewed by the certified public accountant. In this regard, there were

highest transaction value, from the Consolidated Financial Statement of the Company for the period ending 30 September 2017 which was reviewed by the certified public accountant. In this regard, there were

of the Year Period Ending December 31, 2017) (1) Overall Operating Results For the year 2017, the total revenue from sales and services of the Company and its subsidiary (together referred to as the

World Steel Industry Chart of world crude steel production monthly, ending 31 December 2017 Source: World Steel Association According to the World Steel Association’s report on world crude steel

(MD&A) for year 2017 (Revised) 4 Overview of World Steel Industry Chart of world crude steel production monthly, ending 31 December 2017 Source: World Steel Association According to the World Steel