Bank of Thailand and Office of the National Economic and Social Development Board data, the Thai economy in the 4Q/2022 expanded by 1. 4% y-y, slower than the expansion of 4.6% y-y in the previous

company and its subsidiaries was Baht 32.20 million or decreased by 20.85 million or -39.3 percent. The results for the current three months period declined when comparing to the same period of the previous

comparing to the same period of the previous year. Mainly due to the higher sales from the economic recovery and the good gross margin remained of the metal products, especially the automotive exhaust pipes

revenue, lower production costs so that the bottom line could be achieved and better than the previous year. 3. Management’s Message Management’s Discussion and Analysis (MD&A) for year 2017 4 Overview of

increase more export volume, sales revenue, lower production costs so that the bottom line could be achieved and better than the previous year. 3. Management’s Message Management’s Discussion and Analysis

Middle East) 613.9 Mt, an increase by 5.2% from the same period of previous year. The second most producing region was the European Union (EU), with 87.3 Mt, equivalent to 1.6% increase and North America’s

the same period of the previous year. This was due to lower sales compared to the same quarter of last year, mainly due to the fact that some special projects using galvanized steel and alumina in the

% comparing to the previous quarter (QoQ) and 12.2% from the same period of last year (YoY). Long steel consumption rose to 1.63 million tons or increased by 34.6% QoQ and 22.8% YoY. Flat steel consumption also

one position in functional drinks market for four consecutive quarters since Q3’18. Despite C-Vitt’s supply constraint as the production line undergoing maintenance for debottlenecking during May’19

and Trading Business Group recorded an average production rate of 109.35 KBD, a level adjacent to plan, Market GRM improved from the previous quarter, while Total GRM declined, primarily due to the