materials (Pig iron, shredded scrap) the price movement of the main raw materials, i.e. scraps and pig iron, had more fluctuated since the first quarter of 2016, by increasing in the first quarter to second

period result from the movement in prices of raw materials and products from the end of the previous reported period to the end of the current reported period. The cost of sales is impacted by inventory

reported EBITDA. Inventory gains/losses in a period result from the movement in prices of raw materials and products from the end of the previous reported period to the end of the current reported period

amount of net cash flows used in operating activities was 90.3 million baht. The major movement was due to a decreasing amount of unearned income. Cash flows from investing activities As of 31 March 2020

1 25 May 2020 Subject: Notification on Resolution of the Board of Directors’ Meeting No. 5/2020, Change of Directors and Directors’ Power, Entering into Connected Transaction, Entering into Transaction on Acquisition of Assets and Determination of the 2020 Annual General Meeting of Shareholders To: Director and Manager The Stock Exchange of Thailand Enclosure 1. Information Memorandum on the Acquisition of Assets (Schedule 1) and the Entry into Connected Transaction of Nation Broadcasting Corpor...

affected the total marketing margin, and the increasing investment in Non-Oil businesses; which is in the developing phase of its infrastructure and location expansion, thus incurring high Selling, General

Nakorn Electricity Generating Company Limited (NNEG) Expansion Phase (92.3% construction progress) 2. Rayong Waste to Energy (WTE) (57.5% construction progress) 3. Energy Recovery Unit: ERU Project (29.0

turn affect demand for loans – especially business loans – which would likely put pressure on asset quality. Moreover, commercial banks may focus on customer base expansion and income earned from

renewable energy by supporting power plants that use fuel from biomass and wastes, as well as solar rooftop system and energy storage systems. This is a positive factor that supports the expansion of

the operation of the power plant. “Electricity and Steam sales volume increased due to the expansion of power generating capacity after the first full operation quarter of both phases of IRPC-CP” 2