) (31.1%) 1,767.6 2,388.2 620.6 35.1% Gross Profit/2 2,159.1 1,163.7 (995.5) (46.1%) 3,005.2 3,082.3 77.1 2.6% Net Profit 972.4 303.0 (669.3) (68.8%) 1,053.1 1,082.9 29.8 2.8% Normalized Total Revenue/3

2017 Pe rfo rm an ce Revenues 7,815 3,276 Sales Volume (k tons) 378 188 EBITDA 118 64 Net Profit (Loss) (451) (233) HR C HRC Sales (k tons) 378 188 HRC Production Volume (k tons) 363 188 HRC Average

Transfer of Unicorn Enterprises Company Limited to U City (EBT of UE)  EBITDA was THB 387mn, an increase of 774.5% YoY or THB 343mn, largely as a result of the aforementioned reasons above  Reported net

เป็นต้น) (2) ผู้ลงทุน high net worth ซึ่งต้องมีฐานะทางการเงินและประสบการณ์ การลงทุนเป็นไปตามเกณฑ์ที่ก าหนด และ (3) บุคคลธรรมดาหรือนิติบุคคลที่มีเงินลงทุนขั้นต่ าในคร้ังแรก (initial minimum subscription) ไม่

, net - 67 -100.0 - 173 -100.0 NCI - (3) 100.0 (3) (12) 75.0 Profit attributable to Equity holders of the Company 152 3,118 -95.1 660 3,977 -83.4 Basic earnings per share (Baht) 0.01 0.20 0.04 0.26

profit 427.9 354.5 73.4 20.7 Net gain (loss) on exchange rate 112.2 (28.3) 140.5 N.A. (>100) Gain on forward contracts 49.5 - 49.5 N.A. (>100) Other income 173.0 14.1 158.9 1,127.0 Profit before expenses

Discussion & Analysis Q1/2022 Operating Highlights in Q1/2022 Q1/21 Q1/22 Change +/(-) (THB million) %YoY Operating Revenue 179 198 11% Gross Profit 105 120 14% EBITDA 57 58 2% Net Profit (Loss) for the

35% EBITDA 83 96 16% 142 177 25% Net Profit (Loss) for the Company 34 43 26% 49 77 57% Gross Profit Margin (%) 63.9% 64.2% 0.3% 62.4% 64.1% 1.7% EBITDA Margin1 (%) 35.5% 31.8% (3.7%) 32.6% 31.1% (1.5

33% EBITDA 83 103 24% 306 391 28% Net Profit (Loss) for the Company 36 47 31% 118 178 51% Gross Profit Margin (%) 62.9% 65.0% 2.1% 63.1% 64.8% 1.7% EBITDA Margin1 (%) 30.7% 32.1% 1.3% 32.1% 31.8% (0.3

estate development business, whether in the form of a company, trust, or any other form; “net exposure” means the net investment value, whether from direct or indirect investment in a financial instrument