), increasing by Management’s Discussion and Analysis (MD&A) for year 2017 (Revised) 2 12.5% for sale volumes and increasing by 19.4% for production volumes. This mainly due to the Tolling agreement with G Steel
down last year. In Q1/2019, the Company shut down in February and March during waiting for signing new credit agreement in April and subsidiary shut down in February due to the damage of the important
Management’s Discussion and Analysis (MD&A) for year 2017 2 12.5% for sale volumes and increasing by 19.4% for production volumes. This mainly due to the Tolling agreement with G Steel for producing of HRC to
goods production and the company sells materials such as rubber wood to related companies to product finished goods. However, the managements applied the similar criteria to make the mutual agreement with
resumed own production since May 2019 after Termination of Tolling Agreement by GJ Steel Public Company Limited in February 2019. The Company reported a net profit of Baht 3,345 million compared to loss of
transaction: 3.1 On the use purpose of warehousing the company’s finished products, Vanachai Woodsmith Company Limited has a warehouse service contract in 2,688 square meters, and the location is at 8/3, Moo 8
sales volumes. The sharp decline in the Finished Goods prices has also led to a decline in Raw material prices and the Company suffered devaluation loss on Finished Goods stock, Raw Material in stock and
significantly higher than last year quarter due to the Company entered the Tolling agreement with G Steel for producing of HRC to increase the normal capacity during off peak power usage commencing in 4th Quarter