economy of scale which will improve profitability of the company in the future. Overview of World Steel Industry According to the World Steel Association’s report on world crude steel production was 428.2

World Steel Industry Chart of world crude steel production monthly, ending 31 December 2017 Source: World Steel Association According to the World Steel Association’s report on world crude steel

(MD&A) for year 2017 (Revised) 4 Overview of World Steel Industry Chart of world crude steel production monthly, ending 31 December 2017 Source: World Steel Association According to the World Steel

% due to sales orders and cost of goods sold have been decreased and controlled inventories turnover to be less than 45 days. Also, the Crude Palm Oil (“CPO”) price was fluctuated in 2018 (in range of 7

Analysis | 2 Executive Summary In 3Q2018, domestic palm oil production has increased as in other countries, in addition, stock of Crude Palm Oil (CPO) both in Thailand and International market has remained

revenue from company because of processed the business combination on September 2016. Processed Food : Revenue from sales was 127.0 MB, an increase by 127.0 MB or 100% y-o-y with highlighting for domestic

806.4 542 48.8% Marvel Pack 0.3 - 100.0% For 9M19, Company reported revenue growth of 24.8% y-y or THB 372 million, driven primarily by business combination. Excluding TBSP, Company’s core revenues

business to total revenue for the 2nd quarter of 2017 and 2016 were 73.44% and 75.58% respectively, which was effected by two factors; - Raw material price: the average price of Crude Palm Oil (CPO) in 2nd

World Steel Association’s report on world crude steel production was 443.0 million tons in the first three months of 2020, significant decrease by 1.4% compared to the same period in 2019. The region with

, crude oil, or any other property as specified in the notification of the SEC with the approval of the Cabinet, excluding currencies. “variable” means any exchange rate, interest rate, financial index