current liability by Baht 11 million. The Company also has an increase in long-term loan from bank of Baht 90 million. - 4 - Shareholders’ Equity As at 30 June 2020, shareholders’ equity was Baht 1,533

increased by 1.9 MB.  Liabilities As of June 30, 2020, the Company and its subsidiaries had a total liability of 318.80 MB which increased by 36.6 MB from December 31, 2019 due to the decrease of bank

assets increased by 1.5 MB and other non- current assets decreased by 0.1 MB.  Liabilities As of March 31, 2020, the Company and its subsidiaries had a total liability of 316.9 MB which increased by 34.7

September 30, 2020, respectively. The major liability was long-term loans from financial institutions, and trade and other payables. As of December 31, 2019 and September 30, 2020, the long-term loans from

liabilities of Baht 539.07 million and Baht 449.02 million, as of December 31, 2018 and September 30, 2019, respectively. The major liability was long-term loans from financial institutions, and payables for

formulas, Production procedures and techniques, Production chart, Tool Standard, Standards of raw materials, Experimental analysis and control, Procedures and methods, Factory layout design, Equipment design

and Analysis (MD&A) For Q2/2017 5 Chart of world crude steel production monthly, ending 30 June 2017 Source: World Steel Association The world steel production capacity utilization ratio of the 67

. Chart of world crude steel production monthly, ending 30 September 2017 Source: World Steel Association Such the situation showed that global crude steel production continues to increase and was moving in

World Steel Industry Chart of world crude steel production monthly, ending 31 December 2017 Source: World Steel Association According to the World Steel Association’s report on world crude steel

(MD&A) for year 2017 (Revised) 4 Overview of World Steel Industry Chart of world crude steel production monthly, ending 31 December 2017 Source: World Steel Association According to the World Steel