) was low and could not cover cost and expense. 2. Business Outlook Total domestic Hot Rolled Steel consumption for Quarter 1, 2020 stood 1.51 million MT and decreased by 3.4% compared to same quarter

write off obsolete finished goods. Shutdown expense was Baht 25.2 million decreased by 65.4% compared to same period last year. Finance cost decreased by 17.3% in 2Q18 and 24.5% in 6M18 due to repayment

Dollars. The Company reported total expenses of Baht 398.4 million, decreased by 16.5% compared with QoQ, mainly due to operating expense management and lower shutdown expense. As a result, the Company

branches as of 31 December 2018) and 1 branch of Maygori (1 branches as of 31 December 2018) 2) Non-café sales (finished or intermediate products). For instance, on-line sales , Head office pick-up, OEM

due to the increased of machine repairing expense and legal & other consulting fees. In addition, the company has recognized doubtful account increased amount of 241.80million Baht from the same period

expense of Baht 51.5 million, increased by 386.3% compared to the same quarter last year.  Allowance for the Decline in Value of Inventory Allowance for the decline in value of inventory presented at Baht

last year due to the drop of 33% in sale volume and 13% in selling price. Selling Expenses The Company recorded selling expense of Baht 64 million, which increased by Baht 61 million compared to last

Million for Last Year Quarter mainly due to increase in loss on devaluation of Finished Goods and Raw Material by THB 158 Million and lower Foreign Exchange Gain by THB 95 Million compared to Last Year

sales volumes. The sharp decline in the Finished Goods prices has also led to a decline in Raw material prices and the Company suffered devaluation loss on Finished Goods stock, Raw Material in stock and

ISIT had reported the domestic steel-production for 2017 was at 6.87 million metric tons, decreasing 13.72% compared to the previous year consisting of the long finished steel production of 3.94 million