downturn and normally performs ahead of the general GDP trend. As uncertainties lie ahead, the management focuses on mobilizing operational responses to protect revenue while managing cost to ensure

V3 22/02/62 14:27 น. 0 V3 22/02/62 14:27 น. 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in 2018 In 2018 the Thai economy grew by 4.1 percent, up

decreased Baht 532 or 13% as a result of the company’s inventory management to reduce its level as well as the decreasing of average prices of inventory from December 2016.  Other current assets increased

equivalents has decrease due to paid annual bonus to the employees and management amount of Baht 9.49 million, dividend paid to the shareholders in May 2017 amount Baht 6.79 million, purchase of land in Chiang

Operational Control _____________ Clause 4 A securities company shall establish efficient systems for internal control, risk management and prevention of conflicts of interest, and shall have a written code of

Clause 4 A securities company shall establish efficient systems for internal control, risk management and prevention of conflicts of interest, and shall have a written code of conduct approved by the board

global steel industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business

cost management is seriously needed in order to cope with the more dynamic business environment. The raw material reference prices on the world market are that the HMS 1&2 (80:20 ratio) scrap USA export

Company is aware of such risks and determined the policy that focused on the procurement and management of raw material (CPO) and biodiesel’s stocks by trying to maintain inventories turnover rate between

steel industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business