812,113 tons in 2017 to be 1,447,472 tons in 2018. The huge increase was came from tolling activity that the Company hired G Steel Plc to produce HRC during G Steel has been in the debt restructuring

last year amount of 37.34 million Baht or decreased 55.06%. In 2019 the Company has received the doubtful debt 2.79 million Baht, decreased from the same period of last year amount of 30.17 million Baht

Company emphasis on efficiently control production yield. Also, the Company has considered to write-off short-term debt that loans to a subsidiary (AIL) of 8.50 million Baht since AIL has continuously

THB 4. Finance Cost: Finance cost arises from the recognition of interest expenses from the adoption of Thai Financial Reporting Standards 16 Leases (TFRS 16). The Company has no interest-bearing debt

Company has no interest-bearing debt. Unit: THB Million 31 Dec 22 30 June 23 -1.4% -1.4% Slide 1 Slide 2 Slide 3 Slide 4 Slide 5 Slide 6 Slide 7 Slide 8

183 (15%) EBITDA 27 33 22% 86 90 5% Net Profit(Loss) for the Company (3) (7) (133%) 10 4 (60%) Gross Profit Margin (%) 54.9% 56.2% 1.3% 59.5% 57.7% (1.8%) EBITDA Margin1 (%) 18.6% 23.9% 5.3% 23.6% 28.2

PowerPoint Presentation After You Public Company Limited Management Discussion & Analysis YE 2020 Management Discussion & Analysis Q4/2020 Gross Profit and Gross Profit Margin • The Company’s gross

37% EBITDA 81 111 36% 223 288 29% Net Profit (Loss) for the Company 34 54 59% 82 131 60% Gross Profit Margin (%) 64.6% 66.0% 1.3% 63.2% 64.8% 1.6% EBITDA Margin1 (%) 32.8% 32.6% (0.2%) 32.6% 31.6% (1.0

from the recognition of interest expenses from the adoption of Thai Financial Reporting Standards 16 Leases (TFRS 16). The Company has no interest-bearing debt. +5.5% 7

Standards 16 Leases (TFRS 16). The company has no interest-bearing debt.