expenses did not changed significantly when comparing to total revenue. 3 3. Profit for the period Unit: Million Baht Consolidated Separate Amount Change Amount Change 2017 2016 Amount % 2017 2016 Amount

tax expense was approximate to the last year. 3 3. Profit for the period Unit: Million Baht Consolidated Separate Amount Change Amount Change 2018 2017 Amount % 2018 2017 Amount % Gross Profit 439.58

proportion than selling price increase is the main reason why net profit decrease. Graphite Electrode’s price which is a part of conversion cost increase significantly. Separate financial statement, the

debentures, amounted to Baht 699.90 million for the 1st quarter 2018 with the interest rate 6.5 percent per year. 3 3. Profit for the period Unit: Million Baht Consolidated Separate 3 months Change 3 months

the total equity was 7,671.02 million baht. For the Separate financial statements, the Company had net profit of the fourth quarter of 2019 was 449.87 million baht. A decrease of 5.04 million baht or

in business operation and strength of the Group’s financial position. For the Separate financial statements, the Company had net profit of the first quarter of 2019 at 477.48 million baht, an increase

business operation and strength of the Group’s financial position. For the Separate financial statements, the Company had net profit of the first quarter of 2019 at 477.48 million baht, an increase of 113.94

million baht. For the Separate financial statements, the Company had net profit of the first quarter of 2020 at 436.27 million baht, a decreased of 41.21 million baht or 8.63% from the same period of the

expenses in 2018 decreased by 17% compared to the same period at the previous year. Loss on impairment of investment in subsidiary and loan to subsidiary In separate accounts in the year 2018, loss on

the three-month periods ended on March 31, 2020 and 2019 Unit: Million Baht Profit and Loss Statement Consolidated Financial Statement Comparison of Haft-Yearly Separate Financial statement In(De)crease