HRC Average Selling Price (Bht./Ton) 18,108 15,709 HRC Cash Margin (Bht./Ton) 1,223 1,334 Unit: million Baht 3rd Quarter 2017 Year-end 2016 Fin an ce S ta tu s Total Assets 31,907 32,615 Total

& Trading Business Group 12 Marketing Business Group 14 Power Plant Business Group 16 Bio-Based Products Business Group 18 Natural Resources Business Group 20 Statement of Financial Position 22 Cash Flows

trade accounts receivable of Baht 1,205 million. Moreover, for the first nine months of 2018, the company and its subsidiaries had net cash received for Baht 1,786 million. The details are as follows

& Trading Business Group 12 Marketing Business Group 13 Power Plant Business Group 16 Bio-Based Products Business Group 18 Natural Resources Business Group 20 Statement of Financial Position 22 Cash Flows

31, 2017 and March 31, 2018, the Company’s total assets amounted to Baht 1,689.34 million and Baht 1,685.41 million, respectively. Major assets were cash and cash equivalents, short-term investments at

current investment which is cash received from the private placement capital increase in Q1/2018. 2. Cost of sale , Profit margin In Q1/2018 the company had cost of sale Baht 78.13 million compare with the

asset (NTA) ended 31 December 2018 = Baht 4,992.5 million] Total value of loan receivable baht 94. 3 million by deposit cash with MTC average interest rate 0.76%/year. Loan receivable amount and interest

1,816.96 million, respectively. Major assets were cash and cash equivalents, and property, plant and equipment. As of December 31, 2017 and December 31, 2018, the cash and cash equivalents amounting to Baht

total assets amounted to Baht 1,816.96 million and Baht 1,751.26 million, respectively. Major assets were property, plant and equipment, cash and cash equivalents, and trade receivables. As of December 31

. (4) Non-controlling interests decreased by Baht 61.45 million. Management Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 2017 Page 12 5. Analysis of Cash Flows Cash