production of the company can substitute the import HRC. - As the above reasons, the Company believe that with the new working capital injected to the Company and lower debts (partly are converted to equity

1,336 HRC Average Selling Price (Bht./Ton) 18,529 16,348 HRC Cash Margin (Bht./Ton) 1,848 2,427 Unit: million Baht 2017 2016 Gr ou p Total Assets 32,172 32,615 Total Liabilities 19,781 21,747 Total Equity

lower sales volume across all product due to major plant turnaround in Q2 2018. However, the overall selling price improved, especially for Caustic Soda and Epichlorohydrin due to the limited export

overall selling price decrease, especially for Caustic Soda due to the fall of its market price trend, plus impact from lower sales volume due to scheduled maintenance and the power supply outage in

comparing to 2018 or 11.9% mostly due to soften Ethylene and Glycerin price from ample supply and lower crude oil price. Summary of Performance For Q1 2019, the Company and its subsidiaries recorded net

despite of the drastically decline in Ethylene and Glycerin price from ample supply plus lower crude oil price. 2. In Q2 2019, Selling and Administrative Expenses was 338 MTHB, increased by 59 MTHB or 21.1

or 17.2% due the drastic decline in Ethylene and Glycerin price from ample supply plus lower crude oil price. 2. In Q3 2019, Selling and Administrative Expenses was 361 MTHB, increased by 42 MTHB or

, decreased by 798 MTHB or 21.6% comparing to Q2 2019 due to the drastic decline in Ethylene price from ample supply and lower crude oil price, plus a result from lower sale volume as mentioned above. 2. In Q2

in 2019 showed a net loss of 16.4 million baht, which was lower than the third quarter in 2018 at 29.3 percent. The Company’s performance for the nine-month period for 2019 showed a net loss of 33.9

(loss) from associates and JV (26) 159 (185) -116.4% Net profit attributable to equity holders 216 397 (181) -45.6% Total revenues in Q1 2019 were slightly lower than last year, primarily due to lower