, the information provided in this MD&A may vary if any factors or situation are changed in the future; the investors are, therefore, required to have their own discretion regarding the usage of this
Results Analysis on Previous Operation According to the economic situation in 2016, the capacity and sales of automobile and motorcycle manufacturing industry which is the main business unit of the Company
Outlook Management’s Discussion and Analysis (MD&A) for year 2017 5 Source: World Steel Association Source: World Steel Association Such the situation showed that global crude steel production continues to
. Industry Overview and Outlook Management’s Discussion and Analysis (MD&A) for year 2017 (Revised) 5 Source: World Steel Association Source: World Steel Association Such the situation showed that global crude
economic uncertainty caused by the trade war between US and China, the conflicts in the Middle East and the unpredictability of the political situation in Europe. These factors have impacted to Thailand
protest in Hong Kong, the opening date of the branch may have to be reconsidered, waiting for the situation to relieve. However, despite the postponing of the opening date, the subsequent impact of the
1,436,206 tons in 2018. The huge increase was came from tolling activity that the Company hired G Steel Plc to produce HRC during G Steel has been in the debt restructuring process and try to obtain new
process and try to obtain new funding for its own production. This is to maintain market share and to meet demand for HRC local customers. However, the domestic steel industry has been affected by a trade
recording NRV in the past few quarters, affecting the profitability of the Company. This situation affects all entrepreneurs in the palm oil industry as a whole. At present, the Company uses a strategy to set
in HRC market price. In Q2/18, an overall market for Steel industry has dropped as cyclical situation according to a long holiday period in April and starting of the rain season which will result to a