) Other comprehensive income (loss) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total comprehensive income (loss) for the period 0.03 (7.15) 7.18 (100.42) (10.23) (27.49) 17.26/1 (62.79) Note/1 Net loss

. Management’s discussion and analysis for the year 2019 3 / 8 3. Analysis of Operating Results Statements of Comprehensive Income – Consolidated (Million Baht) For 12-month period ended December 1, Increase

all branches of ELEGA showroom that could not generate the income and profit as aimed in order to decrease the fixed cost and the administrative expenses since the 2nd quarter of 2019. However, the

Comprehensive Income – Consolidated (Million Baht) For -month period ended June , Increase (Decrease) % For 6-month period ended June , Increase (Decrease) % 2020 2019 2020 2019 Revenues from sales and services

) (342,015) 73% (358,157) (621,089) -42% Loss - discontinued operations - (2,704) -100% - - Loss for the year (590,582) (344,719) 71% (358,157) (621,089) -42% Other Comprehensive Income (Loss) Items that will

for the remaining phases until completed all 4 phases. 2. Cost of goods sold and expenses: Consolidated 3 Unit: Million Baht The 3rd quarter of the Year 2020 comparing to 2019 Consolidated Separate

1.10 (33.77) -96.86% Other comprehensive income for the period - - - N/A - - - N/A Total comprehensive income for the period 13.64 (0.83) (14.47) -106.11% 34.87 1.10 (33.77) -96.86% Gross profit margin

) -74.98% Other comprehensive income for the period - - - N/A - - - N/A Total comprehensive income for the period 9.29 9.95 0.66 7.10% 44.16 11.05 (33.11) -74.98% Gross profit margin 28.60% 26.22% 29.38

pricing which impacted the EBITDA adversely. These matters are being taken up by all the Steel Associations with the Government at various levels and the Government is taking steps to address the issues

% 4.61% -37.51% Net Profit Marging -35.82% -21.30% -14.51% -64.30% -14.65% -49.65% Gross Profit (Loss) 9 Months + (-) Total comprehensive income (loss) attributable to owners of the parent 3 Months