) was low and could not cover cost and expense. 2. Business Outlook Total domestic Hot Rolled Steel consumption for Quarter 1, 2020 stood 1.51 million MT and decreased by 3.4% compared to same quarter

not revised the past financial statements which incurred high depreciation expense causing the new depreciation value to be lower. The effect from changing the estimated useful lives towards the

last year due to the drop of 33% in sale volume and 13% in selling price. Selling Expenses The Company recorded selling expense of Baht 64 million, which increased by Baht 61 million compared to last

and Steel Institiute of Thailand, by Steel Business Intelligence Bar&Section, 22.69% Wire rod, 9.82% Other Long Products, 0.30% Seamless pipe, 0.86% HR Plate (Thickness > 3.0 mm), 3.00% HR Sheet

% Other Long Products, 0.30% Seamless pipe, 0.86% HR Plate (Thickness > 3.0 mm), 3.00% HR Sheet (Thickness < 3.0 mm), 30.89% CRC, 13.09% Galvanized, 10.11% TP&TF, 2.92% Other coated steel, 4.81% Other Flat

Intelligence Bar&Section, 22.69% Wire rod, 9.82% Other Long Products, 0.30% Seamless pipe, 0.86% HR Plate (Thickness > 3.0 mm), 3.00% HR Sheet (Thickness < 3.0 mm), 30.89% CRC, 13.09% Galvanized, 10.11% TP&TF

% Seamless pipe, 0.86% HR Plate (Thickness > 3.0 mm), 3.00% HR Sheet (Thickness < 3.0 mm), 30.89% CRC, 13.09% Galvanized, 10.11% TP&TF, 2.92% Other coated steel, 4.81% Other Flat Products, 1.51% Steel

280,438 5% Total expenses 5,863,159 9,470,477 -62% Profit (loss) before income tax expense (869,346) (430,965) 50% Income tax expense - - Profit (loss) for the period (869,346) (430,965) 50% Other

Thailand, by Steel Business Intelligence Bar & Section, 16.04% Wire rod, 9.41% Other Long Products, 0.38% Seamless pipe, 0.83% HR Plate (Thickness > 3.0 mm), 3.23%HR Sheet (Thickness < 3.0 mm), 34.58% CRC

has not revised the past financial statements which incurred high depreciation expense causing the new depreciation value to be lower. The effect from changing the estimated useful lives towards the