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) 876 733 HRC Average Selling

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

Analysis Quarter 2 Ending 30 June 2018 Highlights Q2/2018, the Company and subsidiary’s total net loss equals Baht 1,401 million comparing with previous quarter which has net profit Baht 495 million. Total

)% Selling and administrative expenses 734.0 173.5 323.1% 709.2 3.5% Operating EBITDA* 237.5 178.2 33.3% 371.6 (36.1)% Share of profit/loss from JVs/associaties (equity income) 8.6 (2.2) N.A. 0.3 N.A. Finance

210.03 98.73 47.01% Gross profit from sales and services 22.37 24.34 (1.97) (8.09%) 22.59 (0.22) (0.97%) 44.97 55.95 (10.98) (19.62%) Other income 2.98 1.18 1.80 152.54% 3.13 (0.15) (4.79%) 6.12 2.81 3.31

results for the Quarter 3’ 2018 Page 2 / 7 2018 2017 YoY % 2018 QoQ % 2018 2017 YoY % Revenues from sales and services 166.84 127.06 39.78 31.31% 164.67 2.17 1.32% 475.61 337.09 138.52 41.09% Gross profit

assets 111.41 0 Total liabilities 1,009.15 42.86 Minority shareholders 0.00 0 Net tangible assets (NTA) 805.95 (6.78) Net profit for the last 4 quarters * 29.47 (0.27)  Calculation of transaction size

revenue from bad debt recovery continued growing by 19% y-y and the revenue from overseas subsidiaries grew by 18% y-y. Details of each business can be described as follows: Profit and Loss Statement

million baht grew by 15% y-y and for the third quarter of 381 million baht increased 21% y-y and 23% q-q respectively. Details of each business can be described as follows: Profit and Loss Statement

and services 7,724.99 100.00% 6,431.56 100.00% 1,293.43 20.11% Cost of sales and services 7,681.74 99.44% 5,890.19 91.58% 1,791.55 30.42% Gross profit 43.25 0.56% 541.37 8.42% (498.12) -92.01% Other