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
receivable. • Non-current assets increased by THB 517 million mainly from increase in goodwill from investments in ECC and goodwill from Investment in subsidiary of Elite Havens. Liabilities As of 31 March
accounts receivable of Baht 95.56 million, increase in cash and cash in bank of Baht 13.26 million and increase in other current assets and other non-current assets of Baht 2.46 million but there were
to maintain production cost as low as possible. The Company is still profitable regularly because there is no risk of fluctuations in the price of CPO. 2.1 The ratio of the cost of refining services to
of increasing working capital of GJ Steel in order to increase sale and maintain continuous HRC production for local market (Separate: Baht 170 million, decreased by Baht 16 million QoQ and decreased
. This resulted from the increase of short-term loan for purpose of increasing working capital of GJ Steel in order to increase sale and maintain continuous HRC production for local market (Separate: Baht
million QoQ and increased by Baht 32 million YoY. This resulted from the increase of short-term loan for purpose of increasing working capital of GJ Steel in order to increase sale and maintain continuous
increasing working capital of GJ Steel in order to increase sale and maintain continuous HRC production for local market (Separate: Baht 682 million and 790 million, respectively, decrease by Baht 108 million
under RBO to VGM. MANAGEMENT DISCUSSION & ANALYSIS 2Q 2019 7 AUGUST 2019 MASTER AD PUBLIC COMPANY LIMITED NATIONWIDE COVERAGE 2 PBSB will maintain its shareholding in Titanium Compass Sdn. Bhd.– Transit
with the increased in cash & cash in banks of THB 330 million and total non-current assets decreased by 2% from the year ended 2018. 2. Business Outlook 3. Statement of financial positions 4 G J Steel