to maintain its D/E ratio of not higher than 2 .0 times. For the long-term loan agreements, there is additional condition to maintain DSCR of not less than 1.1 times. Interest Bearing Debt total

The Company had gross profit for the third quarter of 2018 amounting to Baht 229 million, which was not significantly changed from the same period of last year. Gross profit margin for the third quarter

Crossroads Phase One comprise expenses incurred in preparing for the opening of Project Crossroads Phase One that was not recorded as capital expenditure, expenses relating to employee benefits from

ratio did not exceed 1:1 following the policy of the Company. The shareholders’ equity was 13.1591 billion THB, increasing 1.74% from 2018. The performance of the Company which can be categorized by

Company, therefore, the interesting bearing debt to equity ratio and the debt to equity ratio of shareholders do not exceed 1:1 which is in compliance with the Company’s policy. The financial costs are also

) was low and could not cover cost and expense. 2. Business Outlook Total domestic Hot Rolled Steel consumption for Quarter 1, 2020 stood 1.51 million MT and decreased by 3.4% compared to same quarter

quarter does not have administrative expenses and expenses related to feasibility study research on new domestic and international projects for the business expansion of the Company like in the previous

situation, the Company could not hold a promotional event such as factory visit for customers therefore there was not much change in selling expenses. 2.3. Administration expenses for the 3-month period ended

Residential project Project value Transfer status according to project value for the year ended 30 June 2020 2019 Balance not yet transferred THB mm THB mm THB mm % Veranda Hi Residence Chiang Mai 198.25 8 8

all branches of ELEGA showroom that could not generate the income and profit as aimed in order to decrease the fixed cost and the administrative expenses since the 2nd quarter of 2019. However, the