and trust in supporting the Company’s business. 3. Management’s Message Management’s Discussion and Analysis (MD&A) for year 2017 4 Overview of World Steel Industry Chart of world crude steel production

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

on world crude steel production was 428.2 million tons in the Third-Quarter of 2017 and accumulated world crude steel production in the first nine months of 2017 was 1,266.9 million tons, significant

actively promote good governance and strengthen market surveillance. As 2004 also marked the conclusion of this government’s first term, looking back, it has been a productive four-year period. Several goals

of risk from carrying successive losses of overall performance of Power Plant business caused by less productive machinery along with cutting down provision of financial support for Power Plant

by adding the more productive machines to the production process in order to reduce the cost of labor the compensate the other additional costs instead. In this regard, the cost of sales and

repercussions on the global economy, compounded by a steep recession. It was a grim scenario, with uncertainty looming large. One year later, we stand in a very different place. Brent crude oil price has had a

organizations. It was also another productive year for the SEC's Corporate Social Responsibility Program. We continued to set examples for listed firms and other organizations in the market to promote sustainable

selling price of THB 5,270 / ton. The revenue from by-products; Crude Glycerin, in the 1st quarter of 2017 has decreased from the 1st quarter of 2016 for THB 4.79 million or 29.53%. Sale volume has

total revenue for the 3rd quarter of 2017 and 2016 were 72.73% and 71.92% respectively, which was effected by two factors; - Raw material pr ice: the average price of Crude Palm Oil (CPO) in 3rd quarter