totaling THB 43mn were excluded, the Company recorded recurring net profit of THB 10mn compared to a net loss of THB 64mn in the previous year. SEGMENTAL PERFORMANCE 3Q 2018 REVENUE CONTRIBUTION BY SEGMENT

institutions amounted Baht 35.9 million, and Short-term loans and Current portion of long-term borrowing from financial institutions amounted Baht 205.1 million . Net Interest-bearing Debt as of 3Q2019 was Baht

177 HRC Production Volume (k tons) 185 139 HRC Average Selling Price (THB./ton) 15,885 19,160 HRC Cash Margin (THB./Ton) 590 (58) Unit: million Baht 31 March 2020 31 December 2019 F in a n ci a l S ta

sales adjusting upward, which itself earns higher margins than the industrial channel. The company’ s cumulative market shares of throughput 5 Management Discussion and Analysis of Business Operation for

from Baht 9,724.0 million at year-end 2018 mainly due to increase of Current Portion of Long Term Liabilities Baht 4,123.1 million and increase of Short-Term from financial institutions Baht 1,765.0

shall subscribe the newly issued share in proportion of 108,022 shares and the newly issued share in portion of the unsubscribed shares of other shareholders of 40,604 shares. As subscription of capital

of the previous year. The increase is owing to the increase in the profit of Hongsa Power Company Limited, a joint venture, in a portion of 40 percent. In addition, the acquisition of RATCH

2020, Total Liabilities was Baht 14,107.4 million, increased by Baht 1,248.0 million from Baht 12,859.5 million at year-end 2019 mainly due to an increase of Current portion of Long-term Debentures Baht

, each Project Company shall be the party to the following relevant agreements: Agreement Project(s) Contractor / Seller / Lessor Hirer / Purchaser / Lessee 1. EPC Contracts1 7 SPP projects Toshiba Group

2020, the finance cost was 515 million baht, decreasing by 6% y-y and 7% q-q, which the portion of finance cost in the 3rd quarter was 10% of total revenues. The average funding cost in the third quarter