16.3%). Gross profit ratio stood at 49.4% whilst operating profit ratio stood at 35.5%. Gross Profit Ratio & Operating Profit Ratio In 3Q19, CPN’s gross profit ratio, excluding other income, dropped to

5,192 Group Gross Profit (Loss) (178) (75) Group Net Profit (Loss) (247) (223) HRC Sales (k tons) 316 260 HRC Production Volume (k tons) 290 306 HRC Average Selling Price (Bht/Ton) 14,922 19,938 Unit

products as well as growth from some exiting products. Domestic branded was quite maintained.  Net profit in Q1/2018 was Baht 9 million, a decrease of 92% YoY due to 1) lower sales contribution of export

export branded business, despite a decrease in export CMG and domestic branded.  Net profit in Q4/2017 was Baht 28 million, a decrease of 76% YoY due to 1) lower sales contribution of export pressuring

PUBLIC COMPANY LIMITED 2 1Q 2020/21 CONSOLIDATED P&L SNAPSHOT *Net profit (loss) attributable to equity owner of the Company Revenue by segments (THB mn) 1Q 2019/20 (Restated) 4Q 2019/20 1Q 2020/21 QoQ

(47,130) (44,034) 7% (48,357) -3% (180,257) (180,594) -0.2% Gross Profit 3,017 2,447 23% 424 612% 10,232 11,431 -10% Interest income and dividend income 59 31 90% 16 262% 158 55 186% Other income 81 97 -16

methods, its presentation may not be comparable to similarly titled measures used by other companies. 8 ASIA’S BOUTIQUE AIRLINE Operating Profit and Net Income The operating revenue of the Company for the

Profit Ratio & Operating Profit Ratio In 2Q19, CPN’s gross profit ratio, excluding other income, dropped to 48.9% from 49.5% in the previous year (the first six months of 2019 at 50.2% compared to the

rf or m an ce Revenues 2,752 3,928 Gross Profit (Loss) (83) 123 Net Profit (Loss) (179) (72) H R C HRC Sales (k tons) 184 197 HRC Production Volume (k tons) 170 204 HRC Average Selling Price (THB./ton

profit/(loss) from investment 27 1 16 0 15 0 (13) (47) (2) (10) 80 1 60 0 (20) (25) Income Tax Expenses (15) (0) 9 0 6 0 21 (137) (3) (37) (14) (0) 2 0 17 (115) Net Profit 204 5 71 1 55 1 (149) (73) (16