during the year 2018 were less than those of the previous year. Management Discussion and Analysis For the Three-month and Nine-month Periods Ended 30 September, 201# Page 5 =.5 Share of profits of

million, increased 41.4% over the same period last year and increased 21.0% over last quarter due to strong customer demand in cloud storage and data center-related products such as Critical Infrastructure

% from those of the same period last year due to Power & Systems / Fan & Thermal Management business slow down but went up 6.5% from last quarter due to the recovery of power supplies for the automotive

the same period last year with a 1.1% decrease in sales of wheat flour and a 1.4% decrease in wheat bran sales. Although sales volume of wheat flour and wheat bran increased by 2.3% and 10.7% but the

program in the subsidiary to reduce staff costs in the long run of the subsidiary offset by several cost saving measures. 5. Net gain (loss) from exchange rate Total Hot Roll (Unit : Tons) Q3 19 Q3 20

income tax expenses 15.09 73.01 (57.92) (79.33%) Income tax expenses (revenues) (0.04) 0.28 (0.32) (114.29%) Profit for the year 15.13 72.74 (57.61) (79.20%) Gross profit margin 49.67% 63.46% (13.79%) Net

year. There were both short-term and long-term interest-bearing debt totaled 60,535 million baht, decreasing by 3.2% from the end of last year. The portion of long-term interest-bearing debt was 27,542

compared to the same period of a year earlier, the main reason is the increasing in sales of stainless steel sheets, coil and pipe. The average selling price has risen from the previous year, in line with

borrowings totally 64,082 million baht, decreasing by 3% from the end of last year. The portion of long-term borrowings was 46,654 million baht or represented 73% of total borrowings. To manage risk that might

ended 30 June 2017 more than 20% from the last year as follows: Statement of Comprehensive Income Unit: Million Baht 30 June 2017 30 June 2016 Increased (Decreased) Percentage Remark Sales and Services