% and was mainly due to (1) the opening of new branches, (2) increased sales of raw material to franchisees and (3) increased sales of retail merchandise. Franchise fee income increased from THB 13.0 Mn
resulting from the repayment of short term loan which lead to the decrease of financial cost. Reversal of provision for loss on purchase orders for undelivered raw material The Company has reversal of
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
-Quarter of 2017. Management’s Discussion and Analysis (MD&A) For Q3/2017 5 Chart of world steel production capacity utilization, ending 30 September 2017 Source: World Steel Association The main raw
Baht 30,195 million comparing with the year 2017 which was Baht 24,977 million, increased Baht 5,219 million due to the increase in sale volume as well as the increase in raw material price and cash
from interest hair-cut according to compromise agreements and debt to equity conversion program. Trade accounts payable decreased by Baht 1,379 million, mainly due to the repayment of liabilities by
steel production control. Chart of world steel production capacity utilization, ending 31 December 2017 Source: World Steel Association The main raw materials (Pig iron, shredded scrap) the price movement
countries do not adequately use effective measures for steel production control. Chart of world steel production capacity utilization, ending 31 December 2017 Source: World Steel Association The main raw
average selling price of construction materials increase by 3 per cent while cost of raw material are increase 7% .Effect to gross profit reduce from 36.4% in 1st.quater of 2017 to 33.5% in this quarter
cost of raw material are increases. Effects to gross profit reduce from 37.80% in 2nd quater of 2017 to 33.42% in this quarter. Therefore, the gross profit reduces 24.65 million Baht while the gross