revenue Cost of sales Cost of goods sold consists of raw material and packaging, salary and wage of production staff, depreciation of property, plant and equipment, transportation and logistics and other

revenues. Due to investments in operational improvements and upgrading material management practices in 2017 key input material costs per ton of lime reduced, while fuel prices were up 33% vs Q4 2016

Company’s working capital is indirectly subsidized via trade creditor in form of loan and via business partners in form of raw material supported for production (under Collateral Management Agreement – CMA

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

service mainly derived from increase in cost of natural gas power plant when comparing to the year 2021 as the continuing increasing in fuel material cost from increase in natural gas price, thus sales in

increasing in fuel material cost from increase in natural gas price, thus sales in the portion of natural gas power plant electric power formula also increase in line with the fuel material cost of natural gas

biomass power plants for the amounting to Baht 61.2 million when comparing to the third quarter as the increasing in fuel material cost which in line with the increasing in electricity unit production. This

quarter of 2017. Thus it will become more challenging for the global steel industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is

all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business environment. Management’s Discussion

acquisition of material assets pursuant to the Notification of the Capital Market Supervisory Board Notification No. TorJor. 20/ 2551 Re: “Rules on the Entering into Material Transactions Deemed as the