* L #MN"L+ 2/2560 Source: Steel Business Briefing RS"! !#TN!'&!'!#K ' "#TN!# "'#"#"&!' 3 ! Source : ISIT & OIE 3. Group CEO "# $ !%&!'() + 2/2560 GSteel 4 +g11H F (FH4L1%84 $6''H' %&' '2('8E

standards The Group has adopted financial reporting standards relating to financial instruments (TAS 32, TFRS 7 and TFRS 9) and leases standard (TFRS 16) retrospectively from 1 January 2020. The following

RATIO Debt to Equity 0.33 Times 0.36 Times 0.34 Times 0.40 Times Interest Coverage N/A Times N/A Times N/A Times N/A Times Debt Coverage (Cash Basis) 1.01 Times 0.93 Times 0.77 Times 0.96 Times Dividend

from that of the same period of last year. Major Developments in 9M17 • Approved in the EGM 1/2016, in 1H17 the Company acquired 60% stake in NVD, previously called Daii Group Plc. (‘DAII”), through the

lease payment of Singha Complex. Major Developments in 2017 • Approved in the EGM 1/2016, in 1H17 the Company acquired 60% stake in NVD, previously called Daii Group Plc. (‘DAII”), through the following

long-term loans to Broadspectrum Pty Limited. As a result, the proportion of investment in RATCH-Australia Corporation Limited of the Group changed from 80 percent to 100 percent. Management Discussion

into your home through our group e-commerce platform, mobile application, Line Chat&Shop and Call&Shop as well as free delivery service upon certain condition. Meanwhile, the Company has already taken

estimated doubtful debt of 4 million baht, recorded in the financial statements in accordance with the accounting standard Financial Issue No. 9 - Financial Instruments (TFRS9), thus, the Company has a net

of Thailand. "registered debt securities" means debt securities registered with the Thai Bond Market Association that is licensed and registered with the SEC Office. “Thai Bond Market Association

, several commercial banks may continuously set aside high provisions and focus mainly on debt restructuring in order to control loan quality, even though the Bank of Thailand’s leniency in asset