TSE remained unchanged where the Company used Equity Method. This was because the Company maintained significant influence over TSE as the Company had its representative as authorized director of TSE

% – 74.3% throughout the year 2017, over the cycle, anyhow overall went on at higher level than previous year, somewhat improved indicates the recovery trend, but not too much while big portion of idle

trend, but not too much while big portion of idle capacity still existed. Hence, the oversupply risk will pertain with high probability towards 2018 and afterwards, if China and major steel producing

depreciation which does not been included for tolling service. However, the Company still had gross loss because cost per ton still high which resulted from depreciation, idle cost which was fixed cost of the

unchanged. This makes the expense of the same. Please be acknowledged for your information Yours Sincerely (Mr.Wanthana Jaroennawarat) Director

unchanged from previous year despite the decrease of SW income . Non-SW income has more than offset the unfavorable SW income while cost has been under control. Page 3 of 4 Statement of Financial Position as

profits remain unchanged. Revenue from Sales The company has revenue from sales in the fourth quarter in the amount of 1,416.8 million Baht increased by 1.0 percent compared to the same quarter of the

%, respectively. The higher ratio on a period-on-period basis was attributable to the Company has some fixed costs that unchanged irrespective of the revenue in the first quarter of 2017. Selling expenses The

customers. Hence, this commitment is reasonable and find a purpose the best benefits of us. The rental rates unchanged. This makes the expense of the same. Please be acknowledged for your information Yours

costs that unchanged irrespective of the revenue in the first quarter of 2017. Selling expenses The Company booked selling expenses amounting to Baht 1.15 million and Baht 3.18 million for the nine-month