and its subsidiaries were able to achieve a higher-than-expected profit of the company and EBITDA of Baht 163.55 million and Baht 296.92 million, respectively. REVENUE BREAKDOWN 9M/2020 Trading: There

sectors. Tourism was heavily affected by airspace and border closures, while merchandise exports fell sharply as demand from major trading partners fell, impacting both manufacturing production and domestic

quarter of recognizing gross profit from GLOW’s SPP of Baht 1,943 million. As for the company’s SPP plants, gross profit slightly decreased by Baht 96 million due to the fall in electricity sales volume of

economy is greater given uncertainties in US trade policies towards China and other trading partners, political situations in Europe, and domestic political uncertainties which may lead to a delay in

3rd Quarter 2017 3rd Quarter 2016 Pe rfo rm an ce Group Revenues 7,109 5,256 Group EBITDA 843 516 Group Net Profit (Loss) 53 (164) HR C HRC Sales (k tons) 393 335 HRC Production Volume (k tons) 386 323

export destinations and almost all product segments. This was, to some degree, a result of a firmer economic recovery in Thailand’s major trading partners. In addition, a better-than-expected performance

of 100% acquisition of Ordinary Shares of Suburb Estate Company Limited Agenda 3 To approve of ratification of 100% acquisition of Ordinary Shares of Thai Bonnet Trading Zone Company Agenda 4 To

higher uncertainty, especially from foreign countries. In addition, the MPC raised concerns over the Baht’s increasing strength compared with the currencies of trading partners and competitors saying

is expected to moderate to 3.8 percent on the back of slower exports amid several external challenges: uncertainties over US trade policies and retaliatory measures by major trading partners, the risk

Analysis Yearly ending 31 December 2019 1. Highlights The Consolidated sale revenue posted stood at Baht 17,416 million decreased by Baht 12,549 million compared to last year since both sale volume and