a long-term agreement. It is forecasted that the demand and supply of steel will increase in the future. Management’s Discussion and Analysis (MD&A) for year 2017 (Revised) 6 The world steel

steel will increase in the future. Remarks: 1. For antitrust reasons, worldsteel no longer produces a monthly global capacity utilisation ratio. Information on capacity can be found on the OECD website. 7

made a long-term agreement. It is forecasted that the demand and supply of steel will increase in the future. Remarks: 1. For antitrust reasons, worldsteel no longer produces a monthly global capacity

will adjust our production strategy to match with the domestic consumption and export the foreseeable in future. We would like to sincerely thank all our shareholders for their support and belief in the

preparing ramp up to full capacity in the future. In terms of sales, the average selling price this quarter was at THB 20,715 per ton relatively the same as previous quarter while the cost of raw materials

from overseas. The Company expects that the trend hot rolled steel import decreased and to have confidence in domestic market which will have a direction to improve in the future. In addition, the

Position of the Company and its Subsidiaries (Unit: Baht Million) 30 December 2019 31 December 2018 % Change Cash and cash equivalents 119 103 15.1% Account receivables 737 700 5.3% Inventories 512 885 (42

Significant Event Operating Highlights in Q1/2024 Q1/23 Q1/24 Change +/(-) (THB million) %YoY Operating Revenue 264 340 29% Gross Profit 168 226 35% EBITDA 80 113 41% Net Profit (Loss) for the Company 34 54 59

-depreciation and amortization was THB 147.5 million, decreased by THB 33.9 million, or 18.7% yoy, due to the change in useful lives of building and equipment of Dusit Thani Manila to reflect the real future

(“the Company”) and its Subsidiary (“the Group”) would like to clarify the change in operating result for the first quarter ended 31 March 2019, which changed in revenue and net profit compared with the