went on at higher level than previous year, somewhat improved indicates the recovery trend, but not too much while big portion of idle capacity still existed. Hence, the oversupply risk will pertain with
while big portion of idle capacity still existed. Hence, the oversupply risk will pertain with high probability towards 2018 and afterwards, if China and major steel producing countries do not adequately
investment in subsidiary 8 - - Other income 52,184 17,817 66% Total income 4,993,813 9,039,512 -81% Expenses Cost of sale - Cost of goods sold 3, 4 4,636,652 8,758,030 -89% - Idle cost 247,215 - 100% - Loss on
close 2016 result from the company have entered into the Intellectual Property & Technology License Agreement with one related company, in order to enhance the capability to develop new products to catch
up 17.3% from 2018 which resulted in the company entering into an Intellectual Property & Technology License Agreement with one related company, in order to enhance the capability to develop new
% Cost of sale - idle costs 242 125 (93%) Cost of sale - (Reverse of) loss on devaluation of inventories (73) 160 145% Total cost of sale 13,555 29,628 54% Selling expenses 174 362 52% Administrative
liabilities 119 0 100% Other income 45 43 6% Total income 30,180 16,266 86% Expenses Cost of sale - Cost of goods sold 29,342 14,315 105% Cost of sale - idle costs 125 0 100% Cost of sale - (Reverse of) loss on
% Other income 45 43 6% Total income 30,180 16,266 86% Expenses Cost of sale - Cost of goods sold 29,342 14,315 105% Cost of sale - idle costs 125 0 100% Cost of sale - (Reverse of) loss on devaluation of
undelivered raw material 37 0 100% Other income 38 8 399% Total income 3,573 8,283 (57%) Expenses Cost of sale - Cost of goods sold 3,605 7,517 (52%) Cost of sale - idle costs 181 67 170% Cost of sale
% Other income 9 40 (359%) Total income 8,746 8,291 5% Expenses Cost of sale - Cost of goods sold 7,549 5,668 25% - Idle cost 67 - 100% - Loss on devaluation of inventories (Reversal) 5 46 (840%) Total cost