materials, making the Company’s operation to be more effective, and resulting in better return on investment to the Company’s shareholders. 9. Source of Funding The Company will use the proceeds from the

business operation of the Company, especially, the general and administrative expenses and cost of raw materials, making the Company’s operation to be more effective, and resulting in better return on

21.34 percent are finished products, 22.32 percent are work in process and 38.20 percent are raw materials. The Corporate Group conducts inventory inspection every month and has employed accounting policy

, sales of scrap materials, interest income, gain on changes in fair value of short-term investment, and gain on exchange rates, etc. The other income has decreased by 10.12 million Baht as results from the

in the market. As a result, the Company’s cost of raw materials cannot adjust to the market price continuously decline in time. Even though, the government has imposed the urgent measures to absorb

Public Company Limited Management Discussion and Analysis Year Ending 31 December 2019 G J Steel Public Company Limited Page 11/14 The main raw materials (Pig iron, shredded scrap) the price movement of

Gross Profit Margin 6 Gross profit = Total Operating Revenue – Cost of Sales Cost of sales mainly consists of cost of raw materials, packages, supplies, salary of production unit’s staff, depreciations

domestic spending o Branded domestic sales of canned fruit dropped by over 40% since the crop of the Company’s major agricultural raw materials such as rambutan, longan and lychee were declining last year

raw materials (Pig iron, shredded scrap) the price movement of the main raw materials, i.e. scraps and pig iron, had more fluctuated since the first quarter of 2016, by increasing in the first and the

million, an increase of 26% from Baht 2,061 million as at 31 December 2016, mainly due to higher trade payables resulted from raw materials and packing materials purchase for the new crop season of canned