) was low and could not cover cost and expense. 2. Business Outlook Total domestic Hot Rolled Steel consumption for Quarter 1, 2020 stood 1.51 million MT and decreased by 3.4% compared to same quarter

last year due to the drop of 33% in sale volume and 13% in selling price. Selling Expenses The Company recorded selling expense of Baht 64 million, which increased by Baht 61 million compared to last

at 2.92 million metric tons, increasing 9.28% consisting of thin gauge at 2.72 million metric tons, increasing 8.68% and Thick gauge at 0.206 million metric tons, increasing 17.82% compared to the

respectively. Overview of Hot Rolled Steel in Thailand The Hot Rolled Steel production in 2017 was at 2.92 million metric tons, increasing 9.28% consisting of thin gauge at 2.72 million metric tons, increasing

was at 2.92 million metric tons, increasing 9.28% consisting of thin gauge at 2.72 million metric tons, increasing 8.68% and Thick gauge at 0.206 million metric tons, increasing 17.82% compared to the

gauge at 2.72 million metric tons, increasing 8.68% and Thick gauge at 0.206 million metric tons, increasing 17.82% compared to the previous year. Table : The production and the domestic demand of the Hot

The Hot Rolled Steel production in Q3/2017 was at 0.814 million metric tons, increasing 18.36% consisting of thin gauge at 0.786 million metric tons, increasing 21.94% and Thick gauge at 28.2 thousand

280,438 5% Total expenses 5,863,159 9,470,477 -62% Profit (loss) before income tax expense (869,346) (430,965) 50% Income tax expense - - Profit (loss) for the period (869,346) (430,965) 50% Other

expenses 543 500 (9%) Bad and doubtful debts expense 0 10 (100%) Loss on confirmed purchase orders for undelivered raw material 0 41 100% Finance costs 348 475 27% Total expenses 14,621 31,016 53% Profit

Hot Rolled Steel production in Q2/2017 was at 0.621 million metric tons, increasing 1.31% consisting of thin gauge at 0.592 million metric tons, increasing 8.70% and Thick gauge at 29.8 thousand metric