EPS of THB 0. 26 per share, or 42.48% up from 1Q2019. For capital structure of the Group, as at March 31, 2020, the consolidated debt to equity ratio was 0.40 time and the consolidated net debt to

EBITDA of THB 2,992 million. Performance softened partly as in Q1/2017 and Q4/2017 recorded several non-recurring items, such as interest income from income tax return, gain from selling of asset, and

2018. The transaction mentioned above is considered as a disposal of assets in accordance with the Notification of the Capital Market Supervisory Board No. TorChor. 20/2551 (2008) Re: Rule on Entering

733 HRC Average Selling Price (Bht./ton) 18,690 16,163 HRC Cash Margin (Bht./Ton) 1,700 1,586 Unit: million Baht 31 December 2017 31 December 2016 Fin an cia l St at us Total Liabilities 5,492 5,871

transportation cost decreased by Baht 0.76 million. (2.3) Selling and Administrative Expenses Description Year 2019 Year 2018 Increase / (Decrease) Million Baht % of Sales Million Baht % of Sales Million Baht

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

Road, Thakham, Bangkhuntien, Bangkok 10150 Tel. (66) (2)453-6277 Fax. (66) (2)453-6288 The Company had selling and administrative and other expenses amount of 62.71 million Baht, decreased from the same

selling. As a result, the number of projects will increase from year 2022 and the overall gross profit margin of year 2023 decrease slightly. This is because the number of projects in the market is quite

subsidiary increased by Baht 355.49 million or 23.40% compare with last year, mainly from trade payables and short-term loans that increased of Baht 363.33 million in order to support higher working capital

2017 ended December 31, 2017 of the Company and its subsidiaries, as shown below : (Unit : Million Baht) 2017 2016 Change Revenue 837 849 -1.4% Gross profit margin 293 342 -16.7% Selling Expenses 80 96