2018 as legal reserves of THB 7.85 million and no payment of dividend for the Company’s operation from 1 January 2018 - 31 December 2018 since the Company needs to reserve cash for investing in large

operating results from GLOW, together with the investment projects and projects that have been opened for commercial operation in 2019. The company is ready to move forward with the new organizational

million from the recognition of GLOW’s performance, reflecting strong growth in both the operation of the two businesses and the Company’s net profit, which increased by Baht 659 million. Executive Summary

three months from the date on which the Board of Directors of the Company has the resolution. A purpose is to support the Company’s financial liquidity to be sufficient for business operation and to

to support the Company’s core business operation with general trade terms and conditions. Connected persons/ juristic persons Characteristic of connected transaction Transaction amount (Thousand Baht

Asset Criteria Cannot be calculated, as the Company’s net tangible asset is negative. 2. Net Profits from Normal Operation Criteria Cannot be calculated, as the Company’s net profit is negative. 3. Total

decrease in total consumption coupled with surge in imports led to 22% decrease in Domestic production compared with 2018. As per Iron Steel Institution of Thailand (ISIT) the Domestic capacity utilization

THB 4,436 million, up by THB 1,757 million or 65.6% from THB 2,679 million as of 31 December 2016 due mainly to trade payables and other payables. We also made additional utilization of THB 1,145

December 2016 due mainly to trade payables and other payables. We also made additional utilization of THB 1,145 million based on loans from financial institutions. Our interest-bearing debt therefore

million as of 31 December 2016 due mainly to trade payables and other payables. We also made additional utilization of THB 2,512 million based on loans from financial institutions. Our interest- bearing