Company Limited Page 2/2 2. Business Outlook While the Company is gradually regaining its market share back post shutdown from February 2019 to April 2019, the current slowdown continues to pose challenges
increasing working capital of GJ Steel in order to increase sale and maintain continuous HRC production for local market (Separate: Baht 682 million and 790 million, respectively, decrease by Baht 108 million
6.37% per annum. This transaction is connected transaction according to the Notification of the Capital Market Supervisory Board No. TorJor 21/2551 on the rules of the connected transactions under
186,300,000. The offering price is not deemed as a price of less than 90% of the market price. The market price is calculated from the weighted average price of the Company's ordinary shares traded on the Stock
result, the Corporate Group could not sell its products to the export market or through modern trade stores. In addition, the consumers have put off decision for purchasing new homes in housing projects
either increasing or decreasing from changes of inventory at the end of period. Page 2 2. Overview of Domestic Economy and Ready-to-Drink Fruit Juice Market At the end of Q3/2019, domestic RTD fruit juice
was thus reduced to 29% in 2019 as compared to 37% in 2018. To regain the market share and reduce imports, the Company had to resort to very competitive pricing which impacted the EBITDA adversely
market share at 65.4% fell 12.8% YoY to THB 17,226mn and Traditional media (Newspaper, Magazines and Radio) with a 13.8% market share, declined by 22.7% YoY to THB 3,629mn. Out-of-Home media (OOH), which
and postponement of activities were enacted, following the passing of His Majesty King Bhumibol Adulyadej. During 9-month 2017/18, TV sector having the highest market share at 64.4% fell 7.9% YoY to THB
activities. Overall Domestic HRC market conditions remained subdued with downward pressure on HRC prices due to global trade tensions, high levels of imports and slowdown in Thai economy. While various