results of Absolute Yoga Co., Ltd. (The Company holds 30%), which recently opened 10 new branches, resulting in higher operating cost while revenue is gradually recognized as per accounting standard. 2

between China and USA, some of the excess HRC try to commute to Thailand and our neighbor countries. This resulting in the soften of HRC price but the scrap price is also soften as well. As such, the

resulting from Thai Baht appreciation against 3 main currencies (USD, EUR, and AUD) even though having higher export volume compared to the previous year. Cost of sales, Selling and Administrative Expenses

loss from sale income of Baht 1.75 million or 0.97% decreasing from the same period of last year of profit Baht 27.85 million because of the decreasing of production resulting of higher production cost

% gross profit margins respectively. In 2019, the Company’s revenues and gross profits from the business increased mainly from the data center construction projects and USO (Phase 2) project, resulting in

volumes were lower than last year quarter mainly due to the termination of tolling agreement with G Steel Public Company Limited in February 2019 resulting to significant decrease in sale volume and

and mixing of fuel material to improve combustion resulting in better heat rate and lower fuel consumption per unit and also improvement of feedstock procurement process including sourcing new types of

balance (0.1) (0.1) 0 12% (0.5) (0.5) 0 -3% Revenue from sales 517 489 28 6% 1,505 1,564 (59) -4% • 2 subsidiaries decided to close restaurant business, therefore, resulting in sales revenue of Restaurant

increased by Baht 3.3 million when compared with the same quarter of last year due to Baht appreciation, resulting to loss from exchange rate of export sales. Income Tax Expenses The Company and its

, resulting from fixed assets increased by Baht 85.47 million due to the investment in a medium-sized booth of the painting segment to support the new orders, the building of owned warehouse at Chonburi branch