fee, and management fee for the benefits of the shareholders and company.GSTEEL IFA, I. V. Global Securities Plc., is of the view that: 1. The fair value of GSTEEL shares is at B0.62 per share based on

the collateral under the aforesaid settlement agreements, providing that such reverse value is lower than the appraised price of the collateral because it was made on a conservative basis, based on the

, combined with crude oil price declining during the quarter leading to retail price at service stations remain optimal relative to the finished product cost. Power Plant Business, increased in total

Company’s interest and benefit. 3.2 Machinery Purchase Agreement Determining the consideration value is conducted by comparing the lowest price from 2 independent appraisal companies from machineries

% ] Cost of Sales 2,424.7 2,457.1 2,628.9 Gross margin, % 18.98% 21.09% 27.84% SG & A 415.5 403.1 471.4 Operating Profit * 213.3 248.2 -14.1% 527.1 -59.5% Net Profit-Consol. F/S 159.0 268.6 -40.8% 558.0

Company’s new products Machine Condition : Ready to use with a life span of 2 - 30 years and expect to work 10 – 15 years Price as Agreement : Total 6,200,250 THB Payment : Paid by Cash when delivery The

decline in the price of copper used in the production process helped reduce the cost of goods sold, despite an annual adjustment in selling price. Administrative and Selling Expenses Selling, general, and

Company Limited (“3rd Company”) and Bangkok Sky Sukhumvit 34 Company Limited (“4th Company”) at a total selling price of Baht 75,500,000. The purpose of this acquisitions is to turn the 1st Company – 4th

from greater sales volume across all products because of major plant turnaround in Q2 2018. The overall selling price decreased, especially for Caustic Soda due to the fall of its market price trend and

overall selling price decrease, especially for Caustic Soda due to the fall of its market price trend, plus impact from appreciation of Thai Baht against US Dollar. However, those negative impacts were