Middle East) 613.9 Mt, an increase by 5.2% from the same period of previous year. The second most producing region was the European Union (EU), with 87.3 Mt, equivalent to 1.6% increase and North America’s

the same period of the previous year. This was due to lower sales compared to the same quarter of last year, mainly due to the fact that some special projects using galvanized steel and alumina in the

% comparing to the previous quarter (QoQ) and 12.2% from the same period of last year (YoY). Long steel consumption rose to 1.63 million tons or increased by 34.6% QoQ and 22.8% YoY. Flat steel consumption also

and Trading Business Group recorded an average production rate of 109.35 KBD, a level adjacent to plan, Market GRM improved from the previous quarter, while Total GRM declined, primarily due to the

Power Plants • THB 69.87 million of loss from impairment of investment in associates • THB 64.69 million of provision on project under future obligation • THB 0.76 million of loss from disposition of

future obligation • THB 0.76 million of loss from disposition of investment in associates • THB 1.83 million of loss from write-off of assets FINANCIAL POSITION 5 | MANAGEMENT DISCUSSION AND ANALYSIS 2019

) -15.85 -15.41 -19.08 -0.44 -2.86 3.23 -16.93 -31.26 -32.94 1.68/1 -5.10 Note /1 Net loss decreased compared to the same quarter of prior year by Baht 1.68 million or equivalent to 5.10% /2 The previous

The financial expenses in 2017 were 16.91 million baht decreased from previous year which were at 7.77 million baht. Comparing in term of percent of revenues, the ratio is not much change. It was at

period of 2017, the gross profit margin was 15.64%. Due to the highly competitive so that the profitability decreased from the same period of previous year. 3. Selling expenses was Baht 29.62 million which

Manager of the Stock Exchange of Thailand For the Q3/2019 period ended of September 30, 2019 (9 months) operating result of the company net loss Baht 0.22 Million comparison with the previous Q3/2018’s net