28% 12% 22,843 24,019 5.1% Withholding tax 134 - - NA NA 134 - NA Legal severance provision (after tax) - 509 - NA NA - 509 NA TOT Partnership (after tax) - - -383 NA NA - -383 NA Normalized net profit

(%) 1.52% 2.11% 1.60% Net profit million baht 5,126 4,929 5,516 %change of net profit (%) 4.00% (10.64%) (17.84%) Net profit margin (%) 9.66% 10.00% 11.77% revenuesNet profit to total (%) 9.51% 9.80% 11.58

THB 164m in Q1 2019 from THB 343m in Q1 2018. Net Profit decreased 45% to THB 303m in Q119 from THB 553m in Q118, due to higher costs due to increased capacity in Q119 compared to Q118 and THB

% Revenue from Sales 3,682.20 100.00 3,966.01 100.00 (283.81) (7.16) Gross Profit 539.71 14.66 533.79 13.46 5.93 1.11 EBITDA 751.67 20.41 603.72 15.22 147.95 24.51 Net Profit 324.66 8.82 227.86 5.74 96.80

ended 31st December 2018 of the Company and its subsidiaries as details below: (Unit: Baht millions) 1. Operating Performance For the period of three months ended 31st Dec 2018, the net profits for the

net profits for the company and its subsidiaries was Baht 37.30 million or decreased by 18.75 million which was -33.5 percent, the results for the current three-month period was better when comparing to

Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR). The BOT has granted a temporary relaxation on liquidity, adjusting the LCR and NSFR to lower than 100 percent until 31 December 2021, in

3rd Quarter 2017 3rd Quarter 2016 Pe rfo rm an ce Group Revenues 7,109 5,256 Group EBITDA 843 516 Group Net Profit (Loss) 53 (164) HR C HRC Sales (k tons) 393 335 HRC Production Volume (k tons) 386 323

of Thailand Overall operating performance of the Group Unit: Million Baht Q1’ 2020 Q1’ 2019 Increase (decrease) Variance (%) Total revenues 1,572 1,677 (105) (6%) Net profit 73 81 (8) (10%) The Group’s

98.79 85.40 15.68 Net Profit Margin 63.18% 57.38% Selling Administrative Expenses 43.86 44.91 - 2.34 Selling Administrative Expenses Margin 44.40% 52.59% Net Profit for the Period 13.87 1.65 740.61 Net