1    (Translation) MD. 030/2018 February 21, 2018 Re: Management Discussion and Analysis For the Year Ended December 31, 2017 To: President The Stock Exchange of Thailand Management Discussion and

, increased by 7.20% compared to last year. As a result, the Company reported net profit of Baht 65.98 million, decreased by 30.23% from last year. Earnings per share presented at Baht 3.09. Statement of

contracts with customers” (TFRS 15), foreign exchange, and deferred tax asset. Normalized net profit clearly reflects the company's true earnings from its normal operations. In Q1/2019, the NNP was Baht 1,053

% 31.2% Earning per share 0.36 0.37 0.48 (2.7%) (24.3%) 0.84 0.92 (8.2%) 1H/2017 1H/2016Q2/2017 Q2/2016 Q1/2017 Growth Page 4 of 8 aviation fuel services volume at BKK and DMK has grown by 1.2% (y-o-y

Ref. No. IVL [002/08/2019] 8 August 2019 The President The Stock Exchange of Thailand Subject: Submission of Quartely Review of Financial Statements and the Management Discussion and Analysis of

Year 2017 Year 2016 Pe rfo rm an ce Revenues 15,178 11,669 Sales Volume (k tons) 812 722 EBITDA 1,062 1,189 Net Profit (Loss) 990 (7) HR C HRC Sales (k tons) 812 722 HRC Production Volume (k tons) 876

Discussion and Analysis Quarter 3 Ending 30 September 2019 1. Highlights Unit: million Baht 3 rd Quarter 2019 3 rd Quarter 2018 P er fo rm a n ce Revenues 3,803 8,666 Sales Volume (k tons) 172,117 418,365

Microsoft Word - MD&A Y2018-E.doc 1 Ref: CSO. 003/2019 Date: 20th February 2019 Subject: Management Discussion and Analysis for Year Ending 31st December 2018 Attention: President The Stock Exchange

compared with net loss of Baht 4.6 million in the same quarter last year. Earnings per share was Baht 1.27. In the nine-month period, the Company reported consolidated revenues of Baht 1,414.7 million

SPP plants, gross profit decreased by Baht 92 million due to the decrease in electricity and steam sales volume from Rayong Central Utility Plants (CUP) as major industrial customers had a planned