as mentioned above and lower Gross Profit Margin from 36.1% in Q1/ 2019 to 35.1 % in Q1/2020 as a result of a higher related freight charges added to production costs; - SG&A including Interest

supply 28.49 33.06 (13.82) - Installation of water production systems and construction of turnkey water treatment systems 54.18 21.57 151.30 Other income 2.39 3.07 (22.15) Total revenues 457.35 326.88

the same period of last year and a decrease of 30.49% over the last quarter . Such decrease was mainly due to dropping in metal price and low level of production and sales caused from the COVID-19 out

business under “Khong Thai” brand has been affected by COVID-19. The partner’s production factory was temporarily shut down. The white tablecloth restaurants in the USA, which is the initial main market for

the supply and demand of both domestic and foreign. The global and Thai economy are slowdown. The consumers have low purchasing power. Many automotive infrastructures stop their production, which leads

last year. Meanwhile, imports of Hot Rolled Steel decreased by 14% and Domestic Production increased on 11.5% compared to same period last year. The trade war between USA-China, high imports due to

2016 Gr ou p Group Revenues 25,705 21,684 Group EBITDA 2,306 1,555 Group Net Profit (Loss) (435) (1,048) HR C HRC Sales (k tons) 1,381 1,326 HRC Production Volume (k tons) 1,429 1,336 HRC Average Selling

) Unit: million Baht 2017 2016 Gr ou p Group Revenues 25,705 21,684 Group EBITDA 2,306 1,555 Group Net Profit (Loss) 365 (1,048) HR C HRC Sales (k tons) 1,381 1,326 HRC Production Volume (k tons) 1,429

18.90% increased, while sale revenue only increase by 11.06% results in less profit margin compare to the year 2017 at 24.25 million baht, due to the unstable of production cost of new production line

and nearly to the end of the project. 2. The consolidated gross profit margin was 17.4%, increased from the previous year at 13.1% since the company has control of production costs that make the