Imports of Alloy Steel and Galvanized HRC into Thailand due to strengthening of Thai Baht and removal of Safeguard duties on Alloy Steel in February 2019. The total shipment volume dropped by 40% and
international HRC prices also impacted the margins with gradual improvement witnessed during the quarter. The reported quarter thus, resulted in reduced Shipment volume and EBITDA loss and Net Loss of THB 228
Own production Tolling Total HRC production volume (Ton) 178,506 - 178,506 230,759 187,066 417,825 HRC sale volume (Ton) 172,117 - 172,117 226,109 192,256 418,365 The Production and Shipment volumes for
sales compared to the same period of 2018 which has cost of sales 767.27 million baht or 88.70% of sales due to proper product management and effective resulting in reduced cost of sales. - Selling and
proper product management and effective resulting in reduced cost of sales. Yours Sincerely, Mr. Perapol Suwannapasri Managing Director
with the same period in 2016 decreased from THB 88.79 million to 78.12 million or decreased THB 10.67 million or 12.01% because of effective cost management. Net profit of Company’s operation Net profit
from the last year because of inventory management and effective manufacturing cost control. 3. Gross profit margin was 3.56% of Revenue from sale and service, increased from last year that gross profit
company had an strictly and effective stock management and cost control of raw material. Expense In the first quarter of 2020, the company had the selling cost of 5.12 million baht, decreased by 3.35
baht or 10.53% when compared with Q1 year 2017. Cost of Sales for Q1 year 2018 and Q1 year 2017 was 296.50 million baht and 284.67 million baht, respectively. It increased 11.83 million baht or 4.16
or 36.72% because of effective cost control. Net Loss of Company’s operation Net Loss of the group of the Company’s operation for the Year End 2018 ended December 31, 2018 when comparing with the year