same-store basis, utility cost decreased 5% YoY, driven mainly by low Ft tariff throughout 2016 and continued to April 2017, coupled with the effectiveness of the continuing energy conservation measures

and the overall cost control measures are well implemented so that to serve as a tailwind factor to our ability to effectively manage SG&A expenses. 4 Financial expenses Our financial expenses in Q2

human resources policies. We believe that our SG&A expenses have become normalized and the overall cost control measures are well implemented so that to serve as a tailwind factor to our ability to

Rama 2. Moreover, effective cost management measures to control operating and administrative expenses are continuously practiced at all levels of the organization. Hence, administrative expense to total

manner of price-dumping and unfair trade and finally will lead to the enforcement of Anti-Dumping or Safeguard measures. The world steel production capacity utilization ratio of the 67 countries in

capacity still existed. Hence, the oversupply risk will pertain with high probability towards 2018 and afterwards, if China and major steel producing countries do not adequately use effective measures for

countries do not adequately use effective measures for steel production control. Chart of world steel production capacity utilization, ending 31 December 2017 Source: World Steel Association The main raw

Employees’ Assets ___________________ Clause 19 The stipulation of rules or preventive measures against conflicts of interest related to employees’ investment in capital market products under Clause 18 (2) (d

for all products. These measures would be effective in the first quarter of 2019. The growth of credit card business and personal loan business in Thailand was still growing strongly despite the

flat QoQ.  Marketing expenses were Bt1,552mn, increasing +3.6%YoY from low marketing campaign in 3Q19, but decreasing -3% QoQ from seasonal effect and continued cost saving measures.  Admin & other