%) (175.92) (16.00%) (47.46) (26.98%) Administrative Expense (129.29) (15.98%) (146.81) (13.35%) (17.52) (11.93%) Reversal of (expected credit losses) (2.58) (0.32%) 0.00 - 2.58 100.00% Other Expenses (19.86

reversal entry of one of asset transactions made in 2018. Other than that, administration expenses in general do not change significantly. Financing Cost The Company financing cost for the 9-month period

year. Despite the reduction in sales quantities and prices, the increase of Baht 1082 million was mainly on gain from decreased capital of investment in subsidiary (Baht 639 Million), Reversal of loss on

the relevant Authorities to provide necessary safeguards against the Imports of HRC, there has been sharp increase in the imports especially of Hot Dip Galvanized and Alloy Steel grades during the

quarter the Company recorded net loss from exchange rate of THB 184 Million. • Reversal of loss on devaluation of inventories during the current Quarter of THB 50 Million, while in the last year quarter the

price for the Company reduced by 10% compared to Q2 2019 (from 19891 THB/Ton in Q2 2019 to 17915 THB/ton in Q3 2019). The sharp decline in the Finished Goods has also led to a decline in Raw material

. ▪ The THB 83.64-million-reversal of doubtful debt recorded in 2018 came mainly from the repayment of a fully amortized debt from MDX Asset to our 2 subsidiaries for a total of THB 70.85 million and also

in world oil prices, resulting in a sharp drop in commodity prices this causes a lot of price competition. Yours Sincerely, Ms. Piyanan Suwannaphasri Assistant Managing Director Authorized to sign

fallen by THB 34.73 million, which has led 2nd quarter company’s net profit to fall to THB 0.69 million, a decrease of THB 16.05 million (96.2%). The main factors causing a sharp fall in underwriting

while expenses had grown, as a result; a huge drop in 6 months period by 137%. Profit (Loss) before tax: A sharp drop of 174% in 2Q19 comparing to 2Q18, while 6 months recorded a 91% less than the same