primarily due to: • Revenue from sales and cost of goods sold The total sales volumes and total production volumes were lower than last year mainly due to the termination of tolling agreement with G Steel
lower from last year quarter by THB 15 million. This is due to the reduction in consultant service expenses as follows: 1) Termination of the business advisory and review agreement with the foreign
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
. According to ISITAs data, total apparent finished steel consumption of Thailand for the first 6 months of 2017 was at 8.3 million tons, decreased by 16.4% compared to the same period of last year, while flat
creditors, namely: 1. Notice demanding for payment of an electricity fee with late penalty according to the Electricity Power Purchase Agreement in the amount of THB 158,238,694.62 dated 9 October 2017. The
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
liberalization of international trade begins to Management’s Discussion and Analysis (MD&A) for year 2017 6 effective; rely on the time frame that each party has made a long-term agreement. It is forecasted that
; rely on the time frame that each party has made a long-term agreement. It is forecasted that the demand and supply of steel will increase in the future. The world steel production capacity utilization
purpose of carrying on the business as manufacturer and supplier of various finished and semi-finished automotive stamping components in Indonesia. The New Company further received the acknowledgment dated
Business Manufacture and trade steel bars and finished steel products Relationship with the Company Business Partners Debt amount * 231.89 million Baht Debt to Sales ratio** 7.21% Provision for allowance for