increase in sales volume by 12% Q-o-Q and 8% Y-o-Y (Table 5), particularly of special grade products, and a ramping up of production from sales contracts won in previous years. Nevertheless, sales revenue

) Revenue structure + (-)2018 3 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 Revenue from steel tower manufacturing decreased by 37.21% as a result of rescheduling of production and delivery plan by major

AND ANALYSIS 2019 Revenue from steel tower manufacturing decreased by 37.21% as a result of rescheduling of production and delivery plan by major customer from 2019 to mid of 2020 due to eminent domain

) ratio improved to 0.8 times as at Q1 2022; improved from 1.1 times in Q1 2021. 4) Thailand Automotive Industry (Unit: Cars) Quarter 1 Change 2022 2021 Unit %Change Production 480,078 465,833 14,245 3.1

the project according to the of request Investment promotion for investment in the third factory amount 1,000,000,000.00. Baht (One Billion Baht) 11. The meeting resolved to consider the following. 1

hundred ninety-six million six hundred ninety-five thousand eight hundred Baht) 10. Approved loans from Land and Houses Bank Public Company Limited to invest in the project according to the of request

. For the Financial Liquidity, the company is negotiated to request for transfer of ownership of the Land into 2 parts, as follows: 1. First part Land with the title deed No 9641 with 4 rai 2 ngan 93.8

medical instruments is 36.65 Million Baht. For the Financial Liquidity, the company is negotiated to request for transfer of ownership of the Land into 2 parts, as follows: 1. First part Land with the title

thousand eight hundred Baht) 10. Approved loans from Land and Houses Bank Public Company Limited to invest in the project according to the of request Investment promotion for investment in the third factory

detail [i] to the intermediary, the derivatives exchange, the derivatives clearing house or the SEC Office upon request or [ii] according to the rules as specified by the exchange, the clearing house or