rf or m an ce Revenues 2,752 3,928 Gross Profit (Loss) (83) 123 Net Profit (Loss) (179) (72) H R C HRC Sales (k tons) 184 197 HRC Production Volume (k tons) 170 204 HRC Average Selling Price (THB./ton

before financing costs and income tax expense 45.36 17.91 261.30 26.17 65.09 24.86 267.19 26.66 (215.94) (82.64) Financing cost 3.96 1.56 3.15 0.32 9.95 3.80 6.55 0.65 0.81 25.71 Profit before income tax

medical services 121.38 117.29 104.77 4.08 3.48 16.60 15.85 340.79 286.49 54.29 18.95 Cost of services 112.06 107.97 100.54 4.09 3.79 11.52 11.46 319.63 289.14 30.49 10.55 Gross profit (loss) 9.31 9.33 4.23

(32.27) (75.47) Profit before financing costs and income tax expense 26.98 15.60 198.67 21.84 33.92 19.27 203.17 22.25 (171.69) (86.42) Financing cost 5.36 3.10 4.92 0.54 13.30 7.56 8.36 0.92 0.44 8.94

before financing costs and income tax expense 44.92 28.18 45.36 17.91 35.00 33.60 65.09 24.86 (0.44) (0.97) Financing cost 8.69 5.45 3.96 1.56 11.08 10.64 9.95 3.80 4.73 119.44 Profit before income tax

. Interest expense projects had been stopped for cost recognition when the first unit was transferred. Please be informed accordingly. Yours truly, (Mr. Surasak Mandaeng) Chief Financial Officer

raw materials in the world market. At the same time, the average cost of raw material was adjusted lower slower than the lower selling price in market. 4 (Unit: Baht million) Consolidated balance sheets

margin was 60.2% which improved from 56.6% in 2017, mainly due to the lower cost of land transfer and the increase in selling price. Utilities & Power Business 2017 2018 Increase/(Decrease) THB mm THB mm

) Increase (Decrease) Million Baht Million Baht Million Baht Percentage Total Revenues 841.14 1,265.18 (424.04) (33.52) Cost of Goods Sold and Service 873.94 1,157.10 (283.16) (24.47) Sell and Administration

cost of fuel will reduce so variable costs per tonne will come down in 2020. Lower volumes again impacted on 2019FY EBITDA which has decreased by 28% from the previous year. Price has generally met