the production cost that charge to GJ Steel under the tolling service agreement, GJ Steel provided main raw material, scrap, for the company’s production. Unit : million Baht Q 2/2018 Q 2/2017 Group
decreased by Baht 303 million comparing with net loss Baht 495 million. Main reason came from decreased in Administrative expenses by Baht 134 million. Total revenue from sales and services decreased by Baht
3,855 7,639 50% Cost of sale - idle costs 0 58 100% Cost of sale - (Reverse of) loss on devaluation of inventories (50) 36 241% Total cost of sale 3,805 7,733 51% Selling expenses 48 94 50% Administrative
- idle costs 0 181 100% Cost of sale - (Reverse of) loss on devaluation of inventories 6 (85) (107%) Total cost of sale 2,801 3,701 24% Selling expenses 43 45 5% Administrative expenses 116 131 11% Loss on
, ending 30 June 2017 Source: World Steel Association Management’s Discussion and Analysis (MD&A) For Q2/2017 GSteel 6 The main raw materials (Pig iron, shredded scrap) the price movement of the main raw
ended 2018. The decrease of inventory of subsidiary was the main part. The inventory of the subsidiary decreased by Baht 1,485 million which came from the decrease of finished good and goods in transit
results were satisfactory and confident that they could be able to help improving the Company’s business. SSG Group therefore started negotiating with 7 main trade creditors (including Cargill International
outstanding idle assets and to create maximum benefit for the Company. The total transaction size of Disposal on fixed asset is USD 978,501 (Approximately Baht 29,985,478 which is accounted to 0.05% under the
18,225,267,129 29,635,851,220 -63% - Idle cost 1,031,503,026 400,183,219 61% - Loss on devaluation of inventories (Reversal of) 20,966,163 159,314,204 -660% Total Cost of sale 19,277,736,318 30,195,348,643 -57
results were satisfactory and confident that they could be able to help improving the Company’s business. SSG Group therefore started negotiating with 7 main trade creditors (including Cargill International