2017 and 34.7 to 36.2 in 2016. However, the company has no policy to speculate on the exchange rate but continues its prudent policy in the full hedging on net position of each currency’s exposure to
Outlook Management’s Discussion and Analysis (MD&A) for year 2017 5 Source: World Steel Association Source: World Steel Association Such the situation showed that global crude steel production continues to
steel production continues to increase and was moving in line with the world economy which related to global steel consumption increased. The overall steel market prices have risen over the second half of
expenses did not increase significantly. Management Discussion & Analysis YE 2019 Summary of new products in 2019 Through consistent R&D effort, After You continues to develop both in-store and To-Go menus
completion of furnace repair in Q2 2018. On profitability side, the Company continues to put our best effort on margin improvement program through Fitness First Project. 2019 benefits will come from
that global crude steel production continues to increase and was moving in line with the world economy which related to global steel consumption increased. Therefore, the steel product is expected to
share of world crude steel production 2017 and 2018 Such the situation showed that global crude steel production continues to increase and was moving in line with the world economy which related to global
Phayathai BTS Station and Airport Rail Link stations continues and was 8% completed by the end of March. We plan to complete the project by 3Q 2021. In addition, the construction of Verso International School
globally. Construction of the ‘The Unicorn’ mixed-use building that is adjacent to Phayathai BTS and Airport Rail Link stations continues apace and was 7% complete by end this quarter. We expect the building
quarter of 2018. For second quarter of 2018, the price of pig iron continues to increase while the price of scrap seems to drop from previous quarter. Thus it will become more challenging for the global