from the 12 non-connected parties. Accordingly, the company will increase the shareholding proportion in PMC from the existing proportion 19.10% to 40.00%. As a result, PMC will be an associate of the

expected to be complete within Q3/2017. In Q2/2017 the company has submitted documents to get a permission to build a new non-hazardous waste landfill. The company expects to start the landfill construction

% 113.04 123.19 -8% % Net profit margin 11% 15% -3% 14% 19% -4% Non-controlling interest 0.12 4.86 -98% 3.29 19.82 -83% Net profit attributable to The Company 43.84 44.14 -1% 109.76 103.37 6% Page 2 of 4

focus on reduction of expense of the company. Even though there was a compensation and early retirement payment in 3rd quarter, the company still has lower expenses compare to 2018. 5. Management benefit

, PHASAMUDJADEE, SAMUDPRAKARN 10290 Tel. 02-816-9315 Fax. 02-816-9315 #444 2. Non-current Liabilities As of the year 2019 and 2018, the Company’ s non-current liabilities THB 199.7 MB and THB 20.4 MB respectively

at the same rate as the financing cost of the Lender. Therefore, it is reasonable to increase the efficiency of capital management and reduce financial costs; including the risk of non-payment

purchase order for slit of steel. In addition, the Company recognized more inventory in-transit which not made a payment in abroad trade payables. Non-Current Liabilities The Company’s non-current

of financial Management Discussion and Analysis Q2/2020 Page 3/6 institutions which are directly related to the company in terms of purchasing non-performing debt. As a result of financial institutions

% 143.77 17.1% 150.82 17.8% 4.9% 4.9% Non-controlling interests of the subsidiaries - 0.0% (1.24) -0.2% 0.42 0.1% 100.0% 100.0% Net profit - Equity holders of the Company 143.72 18.7% 145.01 17.2% 150.40

% 143.77 17.1% 150.82 17.8% 4.9% 4.9% Non-controlling interests of the subsidiaries - 0.0% (1.24) -0.2% 0.42 0.1% 100.0% 100.0% Net profit - Equity holders of the Company 143.72 18.7% 145.01 17.2% 150.40