. What is more, the Company plans to move molds from Thailand to India to increase production capacity for automotive models in the Indian’s main market and create economy of scale. Also, the cost of

177 HRC Production Volume (k tons) 185 139 HRC Average Selling Price (THB./ton) 15,885 19,160 HRC Cash Margin (THB./Ton) 590 (58) Unit: million Baht 31 March 2020 31 December 2019 F in a n ci a l S ta

year (decreased by 3.3 percent from Q4/2019), primarily due to the declining prices of seaweed as main raw materials in the production by 8 percent and the discontinuation of the production line in the

: - Thailand & Indonesia – production at very minimum level despite no closure of business due to most OEMs in Thailand had stopped their production until July 2020. Malaysia – very low production in May 2020

) (55.55) India 160.65 194.38 (33.73) (17.35 Total 2,153.29 2,838.12 (684.83) (24.13) Overall sales revenue decline as an impact of lower production volume due to the lower production in automotive industry

production cost per unit has increased. During 9M19, the Company’s gross profit margin is 36.67% which decreased from 37.52% in 9M18. This is because the customers’ purchase orders had declined, and as a

4,520 8,678 Group EBITDA (120) 874 Group Net Profit (Loss) (869) (431) HRC Sales (k tons) 251 419 HRC Production Volume (k tons) 242 606 HRC Average Selling Price (Bht/Ton) 18,029 20,713 Unit : million

baht in the year ended 31 December 2016. It is mainly from reducing production cost of print media and magazines to be consistent with declining sales as well as proper production cost control

amount produced was not targeted, making the cost of labor and the cost of production increases and the cost in the production of agricultural business increased. 620/5 หมู่ 11 ต.หนองขาม อ.ศรีราชา จ.ชลบุรี

, decreased 3.2 percent or 30.0 million baht. Revenue from television program production for the year ended 2018 was 230.0 million baht compared to 181.0 million baht the same period last year, increased 27.1