, Reasonableness of the New Share Price, and Determination of the Market Price 1.1 Necessity and Details of the Transaction The effect of the global financial crisis in 2008 on the steel production industry, which

exhausted pipes to automotive industry. For the period of 1st half ended 30th Sept 2017, the Company and its subsidiaries had net operating profit of Baht 166.19 million which accounting for the increase by

to automotive industry. For the period of nine months ended 31st Dec 2017, the Company and its subsidiaries had net operating profit of Baht 200.55 million which accounting for the increase by 34.5

called “The Company”) still has carried adjustment of the business strategy to focus on the large project since last year and we got purchase order from big industry in first quarter of 2019 in an

due to the unfavorable economic and industry conditions i.e. Thai energy drink market, according to Nielsen data, reduced by 2.8% in 2017 and shrank by another 3.6% in the 1Q/2018 as compared to the

, automotive and the construction industry in which they are the customers of the company and subsidiaries. The said impact therefore has a significant impact on sales volume both in terms of sales price and

942,079 57.7 840,164 52.5 101,915 12.1 Industry Products 646,375 39.6 676,318 42.3 (29,943) (4.4) Manufacture of skincare, cosmetics , food supplement and pharmaceuticals 44,601 2.7 82,624 5.2 (38,023

in the same industry. In the 1st quarter of 2019 and 2020, the total costs of sales and services decreased from THB 380.9 Mn to THB 362.4 Mn respectively, a decrease of THB 18.5 Mn or 4.9 % which was

businesses. (2) In 2019 the Group adjusted the accounting classifications of Costs of Sales and Service and Selling Expenses to be more suitable and in line with other companies in the same industry. In the

revenue from raw material and By-product increased by Baht 1,672.27 or 9,883.39%, from sales of raw materials for a produce biodiesel to the customers in the same industry. However, the Company will only