Company have neither ability to manage finished goods (HRC) nor trade negotiation. Due to the Company had no choice but necessary to sell them just for generating income circulating used in the business
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
inventory presented at Baht 6.0 million, increased by 361.6% due to provision of Crystalline cullet and provision of obsolete and long-aged finished products. Selling and Administrative Expenses Selling
decreased 18% to THB 409m in Q2 2019 from THB 500m in Q2 2018. Net Profit increased 98% to THB 536m in Q219 from THB 270m in Q218, due exchange gain of 103m in Q219 vs exchange loss of 236m in Q218. Quarter
2018 due to slowdown in Thailand economy. Meanwhile, imports of Hot Rolled Steel increased by 2% to 4.04 MT due to strengthening of THB and the effect of termination of enforcement of Safeguard Measure
rolled coiled is increased and GJ Steel itself cannot keep up with the market demand, therefore, the Company start doing tolling service for GJ Steel which begin since mid of November 2017 and expect to go
since the market demand of hot rolled coiled is increased and GJ Steel itself cannot keep up with the market demand, therefore, the Company start doing tolling service for GJ Steel which begin since mid
decreased by 8% compared to 2018. Meanwhile, imports of Hot Rolled Steel increased by 2% to 4.04 million MT due to strengthening of THB and removal of safeguard against Alloy Steel since February 2020. The
margin (excluding depreciation) in Q2-2017 was achieved at THB 834/ton, lower by 80% from last year quarter. - Sale volumes (Coil tons) in Q2-2017 achieved at 315,610 tons which were a slightly increased
preventive maintenance, increased spending on Opex & Capex and prepared adequate stocking of critical spares. These actions will continue and will ensure better equipment health and reliability in the coming