2017 is THB 5.43 million equivalent to 1.38 percent, in which the net profit margin of the Company has decreased when compared to the same period of last year due to the decreasing of The Company’s sales

percent, in which the gross profit margin of the Company has decreased when compared to the same period of last year due to decreasing of The Company’s sales and services revenue but some of manufacturing

2019. The Company also had a foreign exchange gain of THB 4.4 million during the year. Gross profit margin from both sales of goods and rental and rendering of services increased from 25.0% to 29.4% due

increase of total expenses of the company compared to the same period of last year in the amount of Baht 26.97 million or 26.69%, due to the increase of variable expenses which varies to the increase of

Ref Ref. 2S_BoD031/2017 November 8th, 2017 Subject: Clarification of the change in operating result more than 20% To : The president The Stock Exchange of Thailand 2S Metal Public Company Limited

SN.LK.037/2017 November 9, 2017 Subject : Management Discussion and Analysis for the 3rd quarter of 2017 Attn : The President The Stock Exchange of Thailand Indara Insurance Public Company Limited

the same period of last year and a decrease of 5.28% over the last quarter . Such decrease was mainly due to dropping in metal price and low level of production and sales. 2. Cost of sales was 384.25

same period of last year mainly due to lower aluminium prices.However, when comparing with previous quarter,it was increased 10.5% 2. Cost of sales was 431.57 million Baht or 107.58% of sales which

same period of last year and an increase of 24.9% over the last quarter . Such increase was mainly due to the increase in aluminium price and the expansion of sales volume from exporting to overseas

the same period of last year and an increase of 1.71% over the last quarter . Such increase was mainly due to the increase in aluminium price and the expansion of sales volume from exporting to overseas