allowance, transportation and pension etc. In addition, the directors are eligible for yearly bonuses in the amount not exceeding 3% of the net profit.” For the past years, the remuneration for directors had

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

Profit 223 280 26% 583 756 30% EBITDA 111 148 33% 288 396 38% Net Profit (Loss) for the Company 54 83 54% 131 210 60% Gross Profit Margin (%) 66.0% 65.4% (0.6%) 64.8% 66.1% 1.3% EBITDA Margin1 (%) 32.6

2016 Pe rfo rm an ce Group Revenues 3,292 2,897 Group Sales Volume (k tons) 182 187 Group EBITDA 213 109 Group Net Profit (Loss) 65 (30) HR C HRC Sales (k tons) 182 187 HRC Production Volume (k tons) 190

Profit 142 55 251 76% 359% 937 521 -44% EPS (Baht/Share) 0.19 0.05 0.24 27% 359% 1.27 0.56 -56% Stock Gain/(Loss) & NRV 49 -143 -62 -227% -57% 356 -664 -286% Adjusted EBITDA (1) 224 354 449 101% 27% 1,104

and administrative expenses 14,762 14,420 2 Net profit (loss) (25,039) 20,349 (223)  Sales and total revenues decreased as a result of less sales due to customers’ decreased orders.  Cost of sales

?Pride of the Provinces III?, they are required to meet the criteria of having paid-up registered capital and shareholders? equities not less than 20 million baht, or having either profit or retain

businesses of FVC. This is expected to generate income and profit to the Company, then, makes the Company gain much more improved financial position and operating performance that leads to value-added

core businesses of FVC. This is expected to generate income and profit to the Company, then, makes the Company gain much more improved financial position and operating performance that leads to value