position for the first quarter of 2018 with those of 2017. This report discusses principal changes in the unreviewed consolidated financial statements. Overall market environment The Thai economy for the

Website: www.kiatnakin.co.th http://www.kiatnakin.co.th/ 2 Management Discussion and Analysis (MD&A) For the first quarter ended March 31, 2018 comparing operating performance and financial position for the

financial position for the fourth quarter and year ended December 31, 2018 with those of 2017. This report discusses principal changes in the audited consolidated financial statements. Overall market

the sale of available-for-sale investments and other long-term investments, and THB 54 million dividend. Statement of Financial Position Unit: THB mn 31-Dec-18 % to total assets 31-Dec-17 % to total

depreciated in relative to USD currency, the asset value in AUD currency decreased. Management Discussion and Analysis For the Year Ended December 31, 2019 Page 10 3. Analysis of statement of financial position

financial position for the fourth quarter and year ended December 31, 2019 with those of 2018. This report discusses principal changes in the audited consolidated financial statements. Overall market

position for the second quarter and the first half of 2017 with those of 2016. This report discusses principal changes in the unaudited consolidated financial statements. Overall market environment The Thai

32,293 32,615 (1%) Table 5: Condensed Consolidated Statement of Financial Position Management’s Discussion and Analysis (MD&A) For Q2/2017 GSteel 15 Unit : Million Baht 30 June 2017 31 December 2016

position for the second quarter and the first half of 2017 with those of 2016. This report discusses principal changes in the audited consolidated financial statements. Overall market environment The Thai

and financial position for the third quarter and the nine months ending September 30, 2017 with those of 2016. This report discusses principal changes in the unreviewed consolidated financial statements