Page 2 Management Discussion and Analysis 1. Power Industry and Competition 1.1 Electricity industry and Economic situation in Thailand Thailand’s economy expanded by 2.4 percent in 2019, lower than 2018
% 4.6% 5.1% 5.3% -0.2% Stock Gain/(Loss) & NRV -57 -143 -60% -149 -62% -439 -601 -27% Adjusted EBITDA(1) 346 354 -2% 286 21% 1,076 1,351 -20% Adjusted EBITDA Margin (%) 9.3% 6.8% 2.5% 6.8% 2.5% 8.6% 9.5
EBITDA 612 1,062 Net Profit (Loss) (836) 990 HR C HRC Sales (k tons) 1,447 812 HRC Production Volume (k tons) 1,436 876 HRC Average Selling Price (THB./ton) 20,663 18,690 HRC Cash Margin (THB./Ton) 854
812 EBITDA 612 1,062 Net Profit (Loss) (836) 990 HR C HRC Sales (k tons) 1,447 812 HRC Production Volume (k tons) 1,436 876 HRC Average Selling Price (THB./ton) 20,663 18,690 HRC Cash Margin (THB./Ton
-12 -17% Administrative expenses -156 -113 43 38% -125 -93 32 35% Finance cost -11 -8 3 41% -7 -5 2 40% Corporate income tax -10 -17 -6 -38% -8 -13 -5 -39% Profit (Loss) for the period 39 34 5 15% 37 57
sales and service income at 707 million baht for and net loss 50 million baht. By order of the operating results for the Second quarter of 2020 and year 2019 are summarized below Company performance For
may lower farm income and 4) on going high level of household debt limiting household consumptions. Meanwhile, in the auto industry, the total number of car sales for the first five months of 2019 still
high level of household debt limiting household consumptions. Meanwhile, in the auto industry, the total number of car sales for the first six months of 2019 still showed an expansion with sales for the
household debt including lower household income especially in the non-farm sector limiting household consumptions. Meanwhile, in the auto industry, the total number of car sales for the first eight months of
debt including lower household income especially in the non-farm sector limiting household consumptions. Meanwhile, in the auto industry, the total number of car sales for the first 9 months of 2019