, respectively. It is decrease 10.34 million baht or 2.89% when compared with Q3 / 2019 The main reason is that in the third quarter of 2020 there is an increase in production and exports. Causing the average

production and able to shipment on time which made company’s selling volume increased. Cost of Sales for Q1 / 2023 and Q1 / 2022 was 432.19 million baht and 290.96 million baht, respectively. It increased

million baht, Decreased by 101.72 million baht or 23.54 % when compared with Q1 / 2023 This is because the company has a stock of raw materials for production starting in the 4th quarter of 2023. Profit

18.4% Income tax (expenses) -37.8 -34.0 -3.8 11.3% Net profit (loss) attributable to equity holders 410.7 128.5 282.2 219.7% Net profit (loss) attributable to equity holders Margin (%) 5.2% 2.2% 3.0% Net

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

30 September 2020 526 267 Unit : million Baht Q3/2020 Q3/2019 Group Revenues 5,541 4,520 Group Gross Profit (Loss) 97 (692) Group Net Profit (Loss) (503) (869) HRC Sales (k tons) 345 252 HRC Production

recovery in EU economy and the start of mass production of this product, resulting in a continuous sales growth since last year. However, sales of Telecom Power System (TPS) products declined 13.3% from the

debt to equity conversion scheme where the conversion price will be fixed at THB 0.19613 per share, aggregating not more than THB 4,275,830,130.00 (the “Allocation and Offering of the Newly Issued

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

increased by Baht 56.98 million or 3.04% compare with last year, mainly from an increase in short-term loans to support more working capital. The Company's debt to equity ratio as at 31 December 2019 is 1.90