Rules in Detail related to Proprietary Trading of Intermediaries

lower manufacturing costs than the Company’s manufacturing costs, and certain groups of the Company’s customers reduced their contract manufacturing volumes with the Company in order to procure finished

year 2017 was achieved at THB 1,700/ton, higher by 7.2% from last year. - Sale volumes (Coil tons) and production volumes in year 2017 were higher than last year by which in year 2017 there were the sale

(excluding depreciation) in year 2017 was achieved at THB 1,700/ton, higher by 7.2% from last year. - Sale volumes (Coil tons) and production volumes in year 2017 were higher than last year by which in year

. As in Q1 the main lime consuming sectors of the industry were not immune to the disruption: the sugar cane harvest was down and uncertainty in the steel industry has caused volumes to drop year on year

sales volumes plus greater main raw material costs from higher crude oil price and tight market supply. However, the overall spread margin was improved and bring 23.9% gross profit margin comparing to

and Analysis (MD&A) For Q2/2017 2 - HRC cash margin (excluding depreciation) in Q2-2017 was achieved at THB 1,033/ton, lower by 72% from last year quarter. - Sale volumes (Coil tons) and production

price worldwide trend. - HRC cash margin (excluding depreciation) in Q3-2017 was achieved at THB 1,423/ton, higher by 21% from last year quarter. - Sale volumes (Coil tons) and production volumes in Q3

same period of 2016 an increase of 4%  Burnt lime sales: 69k Mt in Q4 2017 compared to 56k Mt Q4 2016 an increase of 22%; 2017 full year volumes 278k Mt as compared to 251k Mt in 2016 an increase of 11

record 2018. Disruption in the steel industry has caused volumes to drop year on year at key customers however, these issues are being resolved and with expected fixed asset investment and a new product