. While other income of 4th quarter of 2019 slightly decreased 8.23 percent, since the 4th quarter of last year had booked for gained of fixed assets sold. 1.2 Cost of goods sold and expenses Consolidated

manufacturing 257.08 418.24 -38.53% 870.08 1,067.34 -18.48% Other Revenues 0.91 9.67 -90.63% 10.27 32.00 -67.92% Total Revenue 257.99 427.91 -39.71% 880.34 1,099.34 -19.92% Cost of goods sold and cost of services

. Lockdowns were enforced in many countries and some subsidiaries had to shut down its operation temporarily in Q2/2020. Customers’ orders also decreased, and shipments were postponed. However, the

overall of the Company’s performance can be summarised as follows: (Unit : Thousand Baht ) Performance (Income Statement) 2019 2019 Increase/(decrease) % Income Income from Sale of Goods 364,354 190,462

-19) outbreak, the Government commanded lock down policy, shut down business and industries all over the country and announced to public to stay home, this situation resulted in reduction of consumer’s

price competition and sale volume as well as Baht appreciation which leads to slow down in exporting thus revenue from sales of electricity and thermal energy declined due to shut down of machine for

tower manufacturing 1,112.54 1,467.84 1,467.84 -24.21% Other Revenues 10.77 44.43 44.43 -75.76% Total Revenue 1,123.31 1,512.27 1,512.27 -25.72% Cost of goods sold and cost of services 1,335.90 1,640.08

Limited Management’s Discussion and Analysis (MD&A) for year 2018 any improving of the consumption of steel in this quarter. In addition, the Company has move the annual shut down early to February due to

shut down early to February due to the slowdown of the market. Hence, there Q1/19 production will be low comparing to other quarter. Executive Summary The company's operating results in the year 2018 has

its subsidiaries recorded revenue from sale of goods and rendering of services of THB 86,823 million (+29% YoY), with Net Profit of THB 3,344 million which was net profit attributable to owners of the