from the decrease in employees’ expenses, advertising and promotional expenses and effective management of expenses during the COVID-19 pandemic. Table: Operating Results (Unit: Million Baht) Items

income statement) Therefore, the operating result depends on the change of the market price of investments. Table: Operating Results (Unit: Million Baht) Items Quarter Variance 1/2020 1/2019 Amount (%YoY

comparative performance of the third quarter of 2019 and the third quarter of 2018. Table: Operating Results (Unit: Million Baht) Items Quarter Variance Quarter Variance 9-month period Variance 3/2019 2/2019

. Chart of world crude steel production monthly, ending 31 March 2020 Source: World Steel Association The main raw materials (Pig iron, shredded scrap) the price movement of the main raw materials, i.e

. บรษัิท โกลบอลกรนีเคมคิอล จํากดั (มหาชน) Management’s Discussion and Analysis | 3 Note : (1) Adjusted EBITDA refers to EBITDA excluding impact of Stock Gain/(Loss) and NRV Operating Performance Table 1

mentioned in operating results table. 2. Selling expenses, in the period for year ended December 31, 2018, accumulated amount of 2,446.5 million baht, or 14.7% from the total revenue, an increase of 1,267.3

a result of the decrease in condominium handover and ownership transfer volume. Important numbers in the financial statement in Q2/2017 and 2016 Table 1: Profit/Loss Statement in Q2/2017 and 2016

624.26 million THB as a result of the decrease in condominium handover and ownership transfer volume. After Revision -Translation- 3 Important numbers in the financial statement in Q3/2017 and 2016 Table 1

2017 and 2016 Table 1: Profit/Loss Statement in 2017 and 2016 Numbers Consolidated Financial Statement Separate Financial Statement 2017 2016 %variance 2017 2016 %variance 1. Main income (million THB

lost owners of the parent 30.14 million baht the overall operating results for the three-months period of year 2019 compare to the same period of year 2018 is shown in table 1 below. Table 1 provides an