sales revenue [-2%], stronger THB/USD exchange rate [-2%], change in product mix [-1%] and higher labour and salaries expenses [-1%] . Page 1 of 3 Operating Profit Analysis Year-on-year operating profits

the Notification of the Capital Market Subsidiary Board No.Torchor20/2551 Re: Rules on entering into Material Transactions Deemed as Acquisition or Disposal of Assets and Notification of the Board of

more efficient. Finance cost In 2018, the Group has the finance cost of Baht 128 million and the finance cost to revenue from main business ratio is 2%. There is no significant change compared to those

expenses of Baht 25 million and the selling expenses to revenue from main business ratio is 1%. There is no significant change in selling expenses and selling expenses to revenue from main business ratio

. The gross profit has thus decreased 0.89% from the same quarter of the previous year. Statement of financial position as of 30th June 2018 and 31st December 2017 Total assets The total assets of the

2017. The increased mainly came from loss on disposals of fixed assets in the amount of 1.35 million baht. While other administrative expenses such as depreciation expenses of 2nd Factory is lower in

income statement) Therefore, the operating result depends on the change of the market price of investments. Table: Operating Results (Unit: Million Baht) Items Quarter Variance 1/2020 1/2019 Amount (%YoY

% Y o Y - 1 7 % Y o Y -10% YoY Page 3  Domestic Contract Manufacturing (CMG) sales increased by c.35% YoY, supported by new products launch, growth from some existing products as well as change of the

Steel (Unit : Tons) Quarter 2/2016 Quarter 2/2017 % Change Production 2,407,293 1,707,444 -29.07% Import 3,526,841 2,919,975 -17.21% Export 305,541 401,355 31.36% Consumption 5,628,593 4,226,064 -24.92

discussed further herein is the fiscal year ending 31 December 2017, 2016, and 2015 and has been prepared on consolidated basis. Consolidated financial information 2017 2016 2015 Total assets n bahtmillio