Company’s Q3-2020 (Jul-Sep) operating results based on its reviewed consolidated financial statements ended 30 Sep 2020 as follows. Highlights on Q3-2020 Operating Results Unit : Million Baht Q3-20 Q3-19 Q2

Analysis (MD&A) for year 2017 22 Table 6: Consolidated Statement of Cash Flow Unit: Million Baht 2017 Changes in operating assets and liabilities Trade accounts receivable 52 Amount due from related parties

China. Therefore, the steel product is expected to recover together with the liberalization of international trade begins to Management’s Discussion and Analysis (MD&A) for year 2017 (Revised) 6 effective

expenses 30 28 2 7% 8.0% 7.3% Finance costs 11 13 (2) -18% Share of loss from associate 0 - Income tax expense (1) 1 (3) Profit for the quarter 17 (7) 24 4.6% (1.8%) Consolidated financial information (Unit

market conditions remained subdued with downward pressure on HRC prices due to global trade tensions, high levels of imports and slowdown in Thai economy. While various representations are being made to

P a g e 1 | 7 Management Discussion and Analysis For the nine-month period ended September 30, 2017 The analysis of consolidated financial position as at 30 September 2017 The group’s assets

P a g e 1 | 8 Management Discussion and Analysis For the nine-month period ended September 30, 2017 The analysis of consolidated financial position as at 30 September 2017 The group’s assets

1.29 8% Profit before income tax 38.10 27.85 Income tax expense 4.48 1.92 2.56 133% Profit for 6 months 33.62 25.93 7.69 30% 3.96% 3.67% Consolidated financial information 2 of 8 • Revenue increased by

) 1 (1) Profit for the quarter 9 17 (8) 2.5% 3.9% Consolidated financial information (Unit : Million Baht) 3 Months Change % Change 2 / 3 Operating results by business for the three-month period ended

statement for the year period ended December 31, 2019, details are as follows: The operating results of the consolidated financial statement for the year period ended December 31, 2019 The Consolidated