contract for advanced procurement of raw materials with Union Gas and Chemicals Co., Ltd. in 2004, and made a false representation of accounting information. In addition, Mr. Suriya conspired with Mr. Nop

rubber, which is the main raw material cost for production. The Company's profitability in the second quarter of 2017 decreased from the same period of previous year, the return on total assets (ROA

net profit with more inventory from the higher price of natural rubber, which is the main raw material cost for production. Cash flows used in investing activities decreased because of receiving the

-o-Y due to the effect of the annual selling price adjustment, a change in foreign currency rates and an increase in the cost of goods sold resulting from a higher cost of raw materials Copper, Copper

resulting from a higher cost of raw materials Copper, Copper Foil, Laminate and Fiberglass. However, an increase in capacity and efficiency gained from the latest investment that supported sales volume growth

of 2017 see the increase in production. Even though the Baht have strengthened significantly, but the price of imported raw materials were on a continuous upward trend, thus the cost of raw material

Ref Ref. 2S_BoD013/2019 August 14, 2019 Subject: Clarification of the change in operating result more than 20% To : The president The Stock Exchange of Thailand 2S Metal Public Company Limited (the

Million a decrease of loss Baht 3.06 Million or 33.70%. The reasons for such decreases are:- - Sale increased from Baht 495.95 Million in Q2/2017 to Baht 545.25 Million in Q2/2018 an increased Baht 49.30

of Baht 2.43 Million an increased of loss Baht 1.89 Million or 77.78%. The reasons for such decreases are:- - Sale increased from Baht 248.23 Million in Q2/2017 to Baht 275.33 Million in Q2/2018 an

Baht 0.78 Million an increase of profit Baht 5.57 Million it is more than 20%. The reasons for such increases are:- - Sale increased from Baht 268.02 Million in Q3/2017 to Baht 287.05 Million in Q3/2018