Microsoft Word - S_2019_GRC-02_025_S43 Share Acquisition_EN Page 1 – Translation – GRC-02/2019/025 11 December 2019 Subject: Report of the Asset Acquisition To: President The Stock Exchange of

share, equivalent to 99.9333 percent of total ordinary shares sold (“Spring”), which is the holder of a license to use the spectrum to provide digital terrestrial television services as a national

share 3.3 The reason of the acquisition Investment in Taitanan shall enhance service and support the expansion of telecommunications system in Nava Nakorn according to good standards and quality in order

1,947.37 2,097.62 Selling & Administrative Expense 120.12 127.83 Finance Costs 20.98 24.24 Net Profit 9.12 101.40 Earnings per share (Baht) 0.02 0.25 The company will explain the cause of change as follow: 1

from greater sales volume across all products because of major plant turnaround in Q2 2018. The overall selling price decreased, especially for Caustic Soda due to the fall of its market price trend and

against the US dollar and Euro in the period, which resulted in THB sales declining by Bt111 million (Table 1). The drop in revenue in 1Q19 was mainly pressured by a decrease in sales volume by 1% Q-o-Q and

, while consignment usage was lower at Bt760 million (Table 3). The Y-o-Y decrease in revenue was due mainly to a 14.8% decrease in sales volume (Table 4), and due partly to the strengthening of the Thai

11.49 Total Revenues 1,765.11 1,947.37 Selling & Administrative Expenses 115.05 120.12 Finance Costs 23.44 20.98 Net Profit 10.37 9.12 Earnings per share (Baht) 0.026 0.023 The company will explain the

were not recognized as sales revenue this quarter in accordance with relevant incoterms. The Y-o-Y decrease in revenue was due mainly to a 13% decrease in sales volume (Table 4) and due to the

increase in sales volume by 12% Q-o-Q and 8% Y-o-Y (Table 5), particularly of special grade products, and a ramping up of production from sales contracts won in previous years. Nevertheless, sales revenue