in debt collection which the collection rate has increased by 97.2% at the end of March 2018. The Company expected that its performance in the first quarter of this year would be the lowest of

Bt2.2 million at the rate of MLR minus percent of fixed rate per annum 2.2.4 Long-term debt of FPT under rehabilitation plan was of Bt3.8 million. 2.2.5 The Employee benefit obligations was of Bt1,134.9

loan will be due on April, 2028 which was three month principal repayment at Bt2.2 million at the rate of MLR minus percent of fixed rate per annum 2.2.4 Long-term debt of FPT under rehabilitation plan

1 (Translation) MD. 045/2019 27 February 27, 2019 Re: Management Discussion and Analysis For the Year Ended December 31, 2018 To: President The Stock Exchange of Thailand Management Discussion and

steel domestic consumption decrease which suffered from slow down economics. Other income 21.9 27.7 26.6% A gain and profit in exchange rate comparing to the same period of last year due to efficient

steel domestic consumption decrease which suffered from slow down economics. Other income 13.2 15.9 20.5% A gain and profit in exchange rate comparing to the same period of last year due to efficient

discouraged by economics. Lose sales opportunities in relation to a low level of stocks due to a limited warehouse space. Other income 2.8 6.1 117.9% A gain and profit in exchange rate comparing to the same

profit 463.1 465.6 496.5 6.6% 7.2% 1,337.0 1,401.5 4.8% Net gain on exchange rate 37.6 30.9 83.6 170.6% 122.3% 91.2 169.6 86.0% Gain on forward contracts 8.4 4.5 6.0 33.3% (28.6%) 7.1 21.7 205.6% Gain from

the Company to make debt settlement in the form of short-term bills of exchange in the amount of Baht 350.00 million and defaulted interest at the rate of 8.50% per annum . 6. Profit for the period

operating performance, lower depreciation cost, and net exchange rate gain. SIM & Device sales reported Bt8,675mn,a decrease of -13% YoY due to iPhone15 launching one week later compared to the iPhone14