was thus reduced to 29% in 2019 as compared to 37% in 2018. To regain the market share and reduce imports, the Company had to resort to very competitive pricing which impacted the EBITDA adversely

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 war between China and the

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

equity amounted to THB 14,143 million increased by THB 925 million or 7% higher from year ended 2018 mainly due to: 1. From registered increased share capital and received cash (net of discounted on

Financial Position Assets As at 30 June 2018, the Company had total assets of 23,653 million Baht; decreasing 27% as compared to the end of the year 2017 of 32,423 million Baht. This was mainly due to the

and separately presented under share of gain (loss) from investment in joint venture. Hotel business recorded a revenue growth of 9% YoY due to stronger performance of Phi Phi Village after completion

the year 2017 with net profit of 30.02 million baht or 4.88% of total revenues. The profit decreased by 11.90 million baht or 2.42 baht per share, mainly due to the continuous appreciation of the Thai

management. Statement of Financial Position Assets As at December 31, 2019, the Company and its subsidiaries had the total assets of THB 4,412.31million, increased by THB 964.66 million or by 27.98% compared

increase due to the increase in sales from domestic and overseas, especially in product group with high gross margin and good inventory management. Statement of Financial Position Assets As at December 31

Analysis of Financial Position Assets As at 31 March 2017 and 31 December 2016, the Group had total assets of THB 914.38 million and THB 981.93 million respectively which mainly consisted of cash and cash