EBITDA 50 41 Net Profit (Loss) (433) (311) H R C HRC Sales (k tons) 172,117 418,365 HRC Production Volume (k tons) 178,506 417,825 HRC Average Selling Price (THB./ton) 17,915 20,109 HRC Cash Margin (THB

49.53 million or 10.27%. The increase in the revenue from sales was due to an increase in sales volume of Seasoning and Dipping Sauce. Income Statement ( million Baht) 2Q17 1Q18 2Q18 %YoY %QoQ 1H17 1H18

235.13 275.19% Income tax expense (3.64) (13.23) 263.46% Profit for the period 59.03 221.90 275.91% 2017 2018 %YoYIncome Statement (in million Baht) -2- Cost of Sales Cost of sales in 2018 was in the

slowdown of Thailand economy. This affected the production of Thai automotive, as well as the sales and production costs of the Company during the fiscal year 2019 (1 October 2018 to 30 September 2019) as

Thailand economy. This affected the production of Thai automotive, as well as the sales and production costs of the Company during the fiscal year 2019 (1 October 2018 to 30 September 2019) as follows; 1

financial statement on year of 2019 decreased 15.74 percent from the same period of last year, due to additional administrative expenses from expanding in 2nd production line was done in the end of 3th

last year. Meanwhile, imports of Hot Rolled Steel decreased by 14% and Domestic Production increased on 11.5% compared to same period last year. The trade war between USA-China, high imports due to

., Ltd., would like to submit one copy of the financial statement for the year ending on December 31, 2017 that was audited by the auditor; together with this letter, we would like to explain about the

tons) 188 188 HRC Production Volume (k tons) 188 190 HRC Average Selling Price (Bht./ton) 17,403 17,469 H R C HRC Cash Margin (Bht./Ton) 1,033 3,647 Unit: million Baht 2 nd Quarter 2017 Year-end 2016

tons) 197 377 EBITDA 155 132 Net Profit (Loss) (72) (451) HR C HRC Sales (k tons) 197 377 HRC Production Volume (k tons) 204 363 HRC Average Selling Price (THB./ton) 19,891 20,709 HRC Cash Margin (THB