the higher production scale and continuous improvement of the production process during the year. The higher margin was also by the lower sales to wholesale channel with lower margins. For the year

sale weight of stainless steel sheet, coils and exhausted pipes increased in line with the economic conditions in the country, which has continued to grow due to the continuous economic stimulus of the

value mix that Golden Lime and Saraburi Quicklime offers to its customers (high level of supply security, continuous improvement of quality, services in logistics and application of the products

from the same period of 2017 due to the higher expenses from organizing events, advertising and public relation to promote Indian series and other series. Such promotion strategy resulted in continuous

that Golden Lime and Saraburi Quicklime offers to its customers (high level of supply security based on total 9 kilns in operation, continuous improvement of quality, services in logistics and

31% as compared to the same period last year of 260 million Baht. This was due to continuous effort in debt repayment in forms of Bill of Exchange, debentures and financial institution loans. The

expiry of safeguard on alloy steel, and strengthening of Thai Baht, and the current out break of COVID-19 has led to continuous decline in domestic steel prices from second quarter of 2019 and impacted the

. However, the Group still has a continuous increase in operating results. Please be informed accordingly. Sincerely yours, (Mr. Peerapong Jaroon-Ek) Chief Executive Officer

. These are continuous actions and not a one-time effect. However, the Company believes that there are still more rooms for improvement which can continue to drive down our costs and expenses especially in

continuous decline in global HRC prices and concerns about the growing spread of global epidemic of COVID 2019 towards the end of 1st quarter of 2020. This also resulted in slowing orders from customers due to