% 12.6% 12.5% +0.02% YoY +8.1% QoQ +3.8% YoY *Administrative expenses are back office expenses, e.g., employee expenses, delivery costs, depreciation, etc. 9M/2019 vs 9M/2018 (YoY)  Selling and

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second quarters of 2016 and then decreased in the third quarters of 2016 but then turn back increasing continuously until the second quarter of 2017. Thus it will become more challenging for the global

iron, had more fluctuated since the first quarter of 2016, by increasing in the first and the second quarters of 2016 and then decreased in the third quarter of 2016 but then turn back increasing

then decreased in the third quarter of 2016 but then turn back increasing continuously until the first quarter of 2018. For second quarter to fourth quarter of 2018, the price of pig iron and the price

third quarter of 2016 but then turn back increasing continuously until the first quarter of 2018. For second quarter of 2018 to first quarter of 2019, the price of pig iron and scrap started to fall

since the first quarter of 2016, by increasing in the first and the second quarters of 2016 and then decreased in the third quarter of 2016 but then turn back increasing continuously until the first

, by increasing in the first and the second quarters of 2016 and then decreased in the third quarter of 2016 but then turn back increasing continuously until the first quarter of 2018. For second quarter

parties 847 1,049 19% Liabilities lease 5 1 (391%) Employee benefit obligations 108 106 (2%) Total non-current liabilities 960 1,156 17% Total liabilities 2,502 2,194 14% Total equity 12,818 13,294 (4

payment of wages, the employee shall pay his savings into the fund through the employer’s deduction from wages, and the employer shall pay the contribution into the fund at the rate prescribed in the fund’s