Reform Priorities in Asia: Taking Corporate Governance to a Higher Level Taking Corporate Governance to a Higher Level reform priorities in Asia 2011 REFORM PRIORITIES IN ASIA: TAKING CORPORATE

and 0.5% QoQ. Marketing expenses remained at 5.5% of total revenue, same level both YoY and QoQ. Underpinned by localized promotional campaigns, the decline in prepaid subscriber has slowed down, while

quarter of 2017, the company has HRC sales of 188,225 tons which is the same level as previous quarter. The production was accounted for 188,249 tons which is equivalent to 96.5% of total capacity during

revenue guidance while others maintained 3Q20 reported core service revenue was -6.8%YoY and flat QoQ from prolonged impact of pandemic. EBITDA ( pre- TFRS16) declined -11%YoY and -1.4% QoQ with continued

flat service revenue both qoq and yoy. Our mobile business still contracted (-1.5% yoy, -0.9% qoq) but at much lower pace while the home broadband business hit a new high of demand to work from home (+21

therefore will maximize our own capacity by producing up to 17hours per day in order to compensate the lower volume of Tolling. The market demand is not yet picking up to the same level as Q4/17 due to the

from the import of other-alloy steel hot-rolled flat products in coil and not in coil since February 2019. The imports constituted 60% of the total consumption in 2019 compared to 54% in 2018. The

decline in consumption of Construction Sectors, as well as Steel Sectors. However, the Company still maintains the operation at 15 hours per day in order to keep production capacity at high level and, at

of the company as in Q2/2018. The company will continue and increase export volume in order to expand the export market since the products are now recognizable in the overseas level and maintain the

impacted due to continued weakening of international market for flat products and increase in imports of Alloy Steel and Hot Dipped Galvanized HRC into Thailand due to strengthening of Thai Baht and removal