E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending March 31, 2020 The Thai economy in the first quarter of 2020 sank into a

is likely leaving its mark on the Thai economy. Private consumption growth moderated noticeably in Q1 while private investment fell, reflecting dampening domestic demand. Manufacturing output

expectation, Not only exporting business but Travelling business also have trend to growing less than expected and moreover Thai foreign exchange rate of the Baht was appreciate that cause Financial

(Khae Rai – Min Buri) and the MRT Yellow Line (Lat Phrao – Samrong) As the Company together with BTS Group Holding Public Company Limited (“BTS”) and Sino-Thai Engineering & Construction Public Company

Q1/2013 – Q4/2017 Processed price data from: Metal Expert Overview of Thai Steel Industry ISIT had reported the domestic steel-production for 2017 was at 6.87 million metric tons, decreasing 13.72

the increase in sales revenue, as well as the decrease in cost per unit from the increased production volume (Economy of scale). • Gross Profit margin in Q1/2024 was 66.5%, increased from 63.6% in Q1

proceeding under the Thai Revenue code. 7. Expected Benefit The restructuring of a company group under the EBT scheme will decrease the related party transaction that shown in clause 5 and it will reflex an

the total revenue for the three-month period ended 31 March 2020 increased 8.70% from the same period of previous year. From the fact that the Thai Baht value depreciated against US Dollar since the

17,682,200.47 242,123,251.77 - - Decrease (181,500,000.00) (229,772,171.08) (91,500,000.00) (142,772,171.08) Ending balance 922,035,094.40 1,085,852,893.93 334,948,992.65 426,448,992.65 Deferred financing service

% from 1Q2019. In 1Q2020, the Company recorded share of profit from investment in Joint Ventures, Thai Ethoxylates Company Limited (TEX) and GGC KTIS Bio Industrial Company Limited (GKBI), at THB 62