returns and contribute to the region?s future growth prospects.? ?Under this initiative, investors and fund managers can benefit and leverage off one of the most dynamic regions of the world, with a

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

seriously needed in order to cope with the more dynamic business environment. Management’s Discussion and Analysis (MD&A) for year 2017 7 The raw material reference prices on the world market are that the HMS

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 environment. Management’s Discussion

to the company or any of its subsidiaries; c) receives or has received additional remuneration from the company apart from a director’s fee, participates in the company’s share option plan or a

position 30 September 31 December Liabilities and equity Note 2019 2018 + (-) % Equity Share capital 24 Authorised share capital 48,775,744 48,775,744 Issued and paid-up share capital 34,250,905 34,250,905

quarter. Moreover, the company has planned and started preparation to improve machineries in order to ramp up the production during the on-peak period to gain more market share and reduce production cost to