capacity to the full capacity level in 2019. 2. Business Outlook on Q3/2018 Management’s Discussion and Analysis (MD&A) For Q2/2018 3 Executive Summary The steel industry in Thailand shrunk in the second

) as the local trade partners expanded their distribution coverage as well as adopted effective promotion campaigns in relation to the Group’s official football sponsorship status in their own

well as major business development with BTS Group Holdings Public Company Limited (“BTS”), the leading rail mass transit operator, and Advance Info Services Public Company Limited (“AIS”), the number 1

comprises of key expenses as follows: (1) staff cost amounted to THB 136 million, up by THB 20 million or 17.5% in correlation to the rising full-time employment to support ACM’s operation and in the increase

delay of Government spending of Infrastructure project. In addition, the influx of Galvanized products from China and Vietnam also affect to HRC market as well. To cope up with the aforesaid issue, we try

return to shareholder, the management has formulated business strategy and implemented group restructuring to streamline the business and enhance flexibility, which attributable to well-achieved

which continued to perform Osotspa Public Company Limited Q3’18 and 9M18 Management Discussion & Analysis 14 November 2018 Q3’18 and 9M18 Management Discussion & Analysis Page 2/7 well (+108.9% YoY

full packaging business with enough space for expansion. 6 4. Details of acquired assets Details of WPS are as follows: 4.1 General information 4.2 The shareholding structure before and after acquisition

short and long term and will help the subsidiary to be a full leader in the water business as well as being the main strategy for expanding the water treatment market. In the past, the company has

เปลี่ยนสังกัดได้ และไม่จ าเป็นต้องเป็นพนักงาน ประจ าของบริษัทนั้น ๆ (full time employee) ส่วนการให้บริการผู้ลงทุนที่ไม่ใช่รายย่อย เนื่องจาก บางประเทศอาจได้รับการยกเว้นเรื่องการใช้ผู้ที่ได้รับใบอนุญาตเป็นผู้