amount produced was not targeted, making the cost of labor and the cost of production increases and the cost in the production of agricultural business increased. 620/5 หมู่ 11 ต.หนองขาม อ.ศรีราชา จ.ชลบุรี

had disclosed the fair values to replace the report produced by the hired EY included the value of coal not represented in the estimate amount of coal to be produced during the concession period in

year because the Company produced for its own sale in this year but under tolling contract last year. Consolidated selling expenses for the year 2019 amounted to Baht 239 million which decreased by Baht

expenses 543 500 (9%) Bad and doubtful debts expense 0 10 (100%) Loss on confirmed purchase orders for undelivered raw material 0 41 100% Finance costs 348 475 27% Total expenses 14,621 31,016 53% Profit

and doubtful debts 486 - 100% Reversal of loss on confirmed purchase orders for undelivered raw materials 21 - 8,817 -100% Reversal of loss on impairment of investment in subsidiaries - - Reversal of

Discussion and Analysis (MD&A) For Q3/2018 5 In September 2018, China produced crude steel at 80.8 million tons up by 7.5%, Japan at 8.4 million tons decreased 2.4% compared to September 2017. In the EU

. (Separate: The Company has little selling expense like previous quarter because the company produced for own sale a little but mainly produced for tolling so selling expense of this quarter decreased by Baht

) loss on devaluation of inventories 160 40 (300%) Total cost of sale 3,303 8,705 62% Selling expenses 43 109 61% Administrative expenses 130 112 (15%) Bad and doubtful debts expense 0 64 (100%) Loss on

quarter of 2018, the Company and its subsidiaries had sales in total of THB 0.47 million from the projects that the company produced in the year 2017. 4. Other Income Other income of the Company and its

Steel Association’s report on world crude steel production was 426.6 Mt in the first three months of 2018, up by 4.1% compared to the same period in 2017. Asia produced 294.1 Mt of crude steel, an