Steel Industry According to the World Steel Association’s report on world crude steel production was 444.1 million tons in the first three months of 2019, significant increase by 4.5% compared to the same

million and THB 500 million respectively. The increase is mainly due to the adjustment of one off provision for severance pay according to new announcement of Labour Protection Act in April 2019 by

million tons, significant increase by 4.5% compared to the same period in 2016. The region with most production was Asia (including China, but not including the Middle East) 576.8 million tons, an increase

Million for Last Year Quarter mainly due to increase in loss on devaluation of Finished Goods and Raw Material by THB 158 Million and lower Foreign Exchange Gain by THB 95 Million compared to Last Year

Liabilities 18,566 21,747 Total Equity 13,341 10,868 Average selling price of hot-rolled coil for the 3rd quarter in 2017 increase around 15.27% comparing with the same period last year together with the well

Baht 4,520 million against Baht 8,678 million for same period last year. The Sales quantities and prices were severely impacted by continued weakness in global Steel Industry, significant increase in

31 March 2020 31 December 2019 % Increase (Decrease) Liabilities and equity Current liabilities Trade accounts payable 395 333 (19%) Other payables and accrued expenses 353 340 (4%) Advance from

shipment volumes dropped by 33%, the selling prices dropped by 13% The Company reported sale revenue of Baht 4,494 million which is an increase by Baht 4,438 million compared to Last Year since the Company

million tons in the Second-Quarter of 2017 and accumulated world crude steel production in the first half of 2017 was 836 million tons, significant increase by 4.5% compared to the same period in 2016. The

2019 Depreciation New estimated 2020 Depreciation Change Increase (Decrease) Building 35 45 10 Equipment & Machinery 748 359 (389) Total depreciation per year 783 404 (379) For consolidated financial