affected by the year round global oil price fluctuation, especially in the last quarter which oil price plunged drastically. Moreover, the refinery recorded lower crude run due to its 45 days turnaround

Rule”). Currently, the Company focus on the business expansion of the crude palm oil (CPOA) trading business for biodiesel as there is a high potential growth and will partially conducting a trading CPOA

Even though the Thai financial system remains strong, with commercial banks holding healthy levels of capital and liquidity reserves, the liquidity stress and the resulting irregularity in the

and auditors play a crucial role in giving investors a rise to signal irregularity in a company through its financial statements. In particular for sizable listed companies and securities companies

1,386 million, or earning per shares of THB 1.01. The company and its subsidiaries performance improved, especially the Refinery Business Group which still maintains its average crude run at a high level

Steel Public Company Limited Page 9/14 5. Industry Overview and Outlook Overview of World Steel Industry According to the World Steel Association’s report on world crude steel production was 478.7 MT in

). Table 1 : Performance Summary Table 2 : Adjusted EBITDA Margin In the face of volatile crude palm oil and crude palm kernel oil prices’ movement, both had continued to decrease from quarter 1/2017 due to

Discussion and Analysis | 2 Executive Summary In quarter 3/2017, palm oil production both in Thailand and International Market continuously remained high after the impact from El Nino has ended. Thailand crude

39.00 million Baht or 1,270%. Although the Company will continue to manage controlling of inventories turnover to be less than 45 days. The Crude Palm Oil (“CPO”) price was fluctuated in the 1st quarter

the World Steel Association’s report on world crude steel production was 481million tons in the second-quarter of 2019 and accumulated world crude steel production in the first half of 2019 was 925.1