realizes such risk from the issue and keep monitor the cullet price closely and control the usage amount to optimize the production cost. Gross profit of revenue from overseas sales under ICUK’s operation

of share dividends; (f) conversion of securities; or (g) any other circumstance. (3) terms regarding restitution for compensation similar to the aforementioned circumstances to counterparty which have

par value resulting in an increase or decrease in the amount of shares; (c) redemption of securities; (d) amalgamation, merger or takeover by making a tender offer; (e) distribution of share dividends

common control with another entity. performs analytical functions that are necessary for the issuing or monitoring of a credit rating or participates in determining credit ratings, including an employee

authorised Directors or Executives of the issuer who issues underlying shares; (5) having such other shareholding or management structure which demonstrates that the applicant has the power to control the

Analysis (MD&A) 2019 Page 3/8 profit equal to 67 million Baht. It was due to a result of the strict credit control by the Company, causing an increase in revenue from collecting (Bad Debt Recovery

amount totaling THB 350,000,000 at the rate of THB 0.35 per share and set the record date on 28 August 2017; to gather the names pursuant to section 225 of the Securities and Exchange Act by way of book

2 new investors on the share capital increase in a proportion of 49 percent on Pace Project One Co., Ltd and 48.7 percent on Pace Project Three Co., Ltd. The Company remeasured the remaining

million baht. Consequently, net profit in 2017 was down to 4,929 million baht, a decrease of 10.6% and 26.6% from 2016 and 2015 respectively. Earnings per share decreased to 3.95 baht in 2017, from 4.42

steel production control. Chart of world steel production capacity utilization, ending 31 December 2017 Source: World Steel Association The main raw materials (Pig iron, shredded scrap) the price movement