COVID-19 pandemic Due to the outbreak situation of the COVID-19 virus as well as the government’s recent decision to activate the state of emergency by travel restrictions and the closure of venues

Customers 120.67 146.71 -26.04 -17.75% Total Revenue 121.05 147.62 -26.58 -18.00% Net Profit for the Period 5.04 39.42 -34.38 -87.21% 2. Importing and Selling of Standard Cutting Tools unit: THB million 2019

% lower than 20.4% when comparing to the first quarter of 2018. This was due to the effect of applying the Thai Financial Reporting Standard as mentioned above. - Financial costs increased by THB 4.77

expected due to declining global trade volumes and the slower economic growth of major trading partners, which were affected by trade tensions between the US and China. Export growth has been negatively

profit margin of 36.49%, decreased by 4.06% as resulted by; 2.1 A decrease of gross profit margin by 0.99% due to the practice to comply with Thai Financial Reporting Standard No. 15: Revenue, which is

right of use assets following Accounting Standard as regular periods. • Other Current Financial Assets decreased by THB 10 million due to the debt repayment from customer on trade and other receivables

customer from 2019 to mid of 2020 due to eminent domain problem. Revenue from sale of electricity rose by 8.69% as a result of ongoing repair and maintenance of the overall power generator which gradually

AND ANALYSIS 2019 Revenue from steel tower manufacturing decreased by 37.21% as a result of rescheduling of production and delivery plan by major customer from 2019 to mid of 2020 due to eminent domain

. Tor Thor. 35/2556 Re: Standard Conduct of Business, Management Arrangement, Operating Systems, and Providing Services to Clients of Securities Companies and Derivatives Intermediaries dated 6 September

. 35/2556 Re: Standard Conduct of Business, Management Arrangement, Operating Systems, and Providing Services to Clients of Securities Companies and Derivatives Intermediaries dated 6 September 2013, the