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

focus on five fundamental financial planning decisions/techniques: a total wealth framework to determine the optimal asset allocation, a dynamic withdrawal strategy, incorporating guaranteed income

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

industry participants in 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. The

of 30 September 2019, the Company has total equity amounted of THB 13,710 million which increased by THB 492 million or 4% from year ended 2018 mainly due to: 1. Registered increased share capital and

quarter last year. Meanwhile, imports of Hot Rolled Steel decreased by 14% and Domestic Production increased on 11.5% compared to same period last year. To regain the market share and reduce imports, the

economic growth ................. 6 Dynamic systems increase the difficulty of estimating absolute emissions savings ..................... 7 Decarbonisation of the transport sector requires more than