(k tons) 805 642 1,447 764 48 812 HRC Production Volume (k tons) 808 629 1,436 786 90 876 HRC Average Selling Price (THB/ton) 20,617 20,722 20,663 18,591 20,247 18,690 Year 2018 Year 2017 - Increasing

2017 - Increasing of HRC price: the average selling price of HRC in year 2018 was THB 20,663/ton, increased by 11% as compared with last year (THB 18,690/ton) according to HRC market price worldwide

of previous year or 34.70 per cent. Due to commitment for expanding their business to CLMV, the 3rd quarter The Company distributes a celli counter beverage dispenser to a customer in Cambodia

exports which rose by 5.3% YoY as well as continued recovery in private consumption which expanding by 3.1% YoY. Nevertheless, Thailand's advertising industry reported a decline of 6.0% YoY to THB 101,445mn

Analysis (MD&A) For Q3/2018 2 - Increasing of HRC price: the average selling price of HRC in 3rd Quarter of 2018 was THB 20,715/ton, increased by 15% as compared with last year quarter (THB 18,079/ton

up. As a result, core service revenue in 3Q18, which excluded IC and equipment rental, was Bt33,134mn, increasing 2. 1% YoY but decreasing 0. 9% QoQ. EBITDA remained growth YoY but softened QoQ Cost

improved service revenue and handset sales, but decreasing 6% QoQ mainly from lower handset sales. Service revenue (excluding IC) was Bt31,364mn increasing 4% YoY driven by growing postpaid segment

. • Other service revenue was Bt1,403mn, increasing 22% YoY and 15% QoQ, composed mainly from enterprise business which was driven by growing demand for Cloud, Data center, and enterprise solution as well as

and 6-month period have advanced to Baht 187.6 and Baht 393.4 million, a 17.4% and 23.4% growth over same period of last year mainly caused by an increasing number of general patients at average of 15

came mainly from crude oil price rebound in 2018. And even with lower pressure on Glycerin price from growing market supply in the second half of 2018, full year average Glycerin price remained high