PUBLIC COMPANY LIMITED PROEN: PROEN CORP PUBLIC COMPANY LIMITED PSG: PSG CORPORATION PUBLIC COMPANY LIMITED PTC: PREMIER TANK CORPORATION PUBLIC COMPANY LIMITED PTTEP: PTT EXPLORATION AND PRODUCTION PUBLIC

Discussion and Analysis | 2 Executive Summary In quarter 3/2017, palm oil production both in Thailand and International Market continuously remained high after the impact from El Nino has ended. Thailand crude

by totaling Baht 10.2 million. In addition, cost of sales and service for Biomass Power Plants decreased by Baht 11.9 million or 2.7 percent, mainly due to the improvement of machine and production

Group EBITDA 874 843 Group Net Profit (Loss) (432) 53 HRC Sales (k tons) 418 393 HRC Production Volume (k tons) 418 386 HRC Average Selling Price (Bht/Ton) 20,715 18,108 HRC Cash Margin (Bht/Ton) 482

to inform the resolutions of the Board of Director’s meeting No. 5/2019 held on 22 July 2019 to disposition of investment as following detail; 1. Eureka Automation Company Limited , Design Production

May 2019. The Company still has fixed cost for the period of shutdown while doesn’t have sale revenue including cost per ton still high for production period which resulted from depreciation and the

of 2018. Total water sales volume was 142.03 million Cu.M. (excluding internal usage for tap water production of 15.20 million Cu.M.), increased by 33.38 million Cu.M., or 30.73% due to the raising of

in the 3rd quarter of 2019 was due to the delivery of outstanding inventories from production in Q1, 2019. No refining service of semi-product for use in biodiesel production in the 3rd quarter of 2019

2019 Jan - Jun 2020 % Change Production 1,443,004 1,294,983 -10.26% Import 2,047,784 1,331,239 -34.99% Export 4,012 15,098 276.32% Consumption 3,486,776 2,611,124 -25.11% Total Hot Roll Plate, Thickness

: Tons) (Excluding Stainless Steel) Jan - Jun 2019 Jan - Jun 2020 Production 1,443,004 1,294,983 Import 2,047,784 1,331,239 Export 4,012 15,098 Consumption 3,486,776 2,611,124 Total Hot Roll Plate