funding for its own production. This is to maintain market share and to meet demand for HRC local customers. However, the domestic steel industry has been affected by a trade war between China and the

process and try to obtain new funding for its own production. This is to maintain market share and to meet demand for HRC local customers. However, the domestic steel industry has been affected by a trade

equity amounted to THB 14,143 million increased by THB 925 million or 7% higher from year ended 2018 mainly due to: 1. From registered increased share capital and received cash (net of discounted on

of 30 September 2019, the Company has total equity amounted of THB 13,710 million which increased by THB 492 million or 4% from year ended 2018 mainly due to: 1. Registered increased share capital and

quarter last year. Meanwhile, imports of Hot Rolled Steel decreased by 14% and Domestic Production increased on 11.5% compared to same period last year. To regain the market share and reduce imports, the

Company Limited Page 2/2 2. Business Outlook While the Company is gradually regaining its market share back post shutdown from February 2019 to April 2019, the current slowdown continues to pose challenges

position 30 September 31 December Liabilities and equity Note 2019 2018 + (-) % Equity Share capital 24 Authorised share capital 48,775,744 48,775,744 Issued and paid-up share capital 34,250,905 34,250,905

of previous year. The highest export quantity was structural steel at 89.0 thousand metric tons. The export of deformed bars for construction in Q1/2019 was at 66.2 thousand metric tons. Overview of

. The export of deformed bars for construction in Q1/2018 was at 63.9 thousand metric tons. Overview of Hot Rolled Steel in Thailand The Hot Rolled Steel production in Q1/2018 was at 0.815 million metric

period of previous year. The highest export quantity was structural steel at 0.198 million metric tons. The export of deformed bars for construction was at 0.133 million metric tons. Overview of Hot Rolled