receivable 44,553 32,098 39% Inventories 62,138 46,036 35% Other current assets 9,394 7,803 20% Total current assets 127,413 92,953 37% Investment 8,500 6,247 36% Property, plant and equipment 175,227 151,202

Statement of Financial Position THB million 31-Mar-21 31-Dec-20 31-Mar-21 vs 31-Dec-20 Assets Cash and current investments 20,650 19,390 6% Trade accounts receivable 41,489 33,422 24% Inventories 63,801

allowance for inventories declining value of Baht 32 million, resulted from the Company’s new accounting policy of setting allowance for inventories declining value from recording expired product in full cost

inventories. Yours sincerely, Mr.Anant Kittivittayakul Managing Director

steel price trend while inventory still had higher price. Also, when comparing to the same period of last year, inventories on hand end of 31 March 2016 had low cost since last quarter of year 2015. 4

physical count of inventories of company and subsidiary as at December 31, 2016 by DIA International Audit. The Company net profit of 332.37 million baht which increase 253.44 million bath or 321% by

inventories. Assets decreased from Land, plant and equipment, which decreased from depreciation. 2 There were total liabilities of 302.4 Million Baht increased by 66.8 Million Baht from trade payable, others

service of Baht 171.71 million, increased from last year by Baht 9.95 million or 6.15% because the company increase in allowance for reducing cost of inventories of Baht 4.47 million. 3. The company had the

sales promotion and allowance for reducing cost of inventories. 3. The company had the selling and administrative expenses of Baht 139.32 million, increased from last year by Baht 24.25 million or 21.07

. The auditor was also unable to review and audit other accounts, such as, inventories, account receivables, property plant and equipment, loans from financial institutions, accrued expenses, collateral