1.88 -33.9% Share of profit from investment in associate 1.95 2.14 -0.19 -8.9% Income tax expenses -23.50 -49.39 25.89 -52.4% Net profit 134.30 200.70 -66.40 -33.1% Minority interest in subsidiary -47.35

) (49.14) Per Share (Baht) Net profit per share 0.02 0.05 (0.02) Unit : THB'000 NO. AC. 003/2017 11 August 2017 Subject: Clarification of changes in operating performance of more than 20% To: The President

previous year by Baht 684.30 million mainly due to more share of profit from investments in associated companies and decreases in administrative expenses and finance cost. Revenues from construction services

, increasing from the same period of the previous year by Baht 531.13 million mainly due to more share of profit from investments in associated companies. Revenues from construction services and sales of

Company Limited Page 2/2 2. Business Outlook While the Company is gradually regaining its market share back post shutdown from February 2019 to April 2019, the current slowdown continues to pose challenges

income base as evident in the financial performance in Q1. In 2020, the net profit of the Company and subsidiary companies decreases 38.03% from the same period of the previous year as the income from

profit of the Company and subsidiary companies decreases 43.35% from the same period of the previous year. It is because the income from sales of residential condominium decreases 39.75% since the income

was averaged at USD 289/mt. FOB, decreased from the previous quarter at USD 303/mt. FOB, and pig iron Russia export price of the first quarter of 2019 averaged at USD 363/mt. FOB, dropped from USD 372

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