government ordered the closure of various stores, more home cooking behaviors. The results of the expanding production line into flexible packaging group help reducing impact from uncontrollable external

last year. Meanwhile, imports of Hot Rolled Steel decreased by 14% and Domestic Production increased on 11.5% compared to same period last year. The trade war between USA-China, high imports due to

consolidated financial statements decreased by Baht 70.97 million or 2.46% compared with last year. A decrease mainly caused by trade accounts receivable of Baht 54.17 million. Decrease in cash and cash

) -3.84% EBIT 71.54 84.88 (13.34) -15.72% Net Profit 59.74 70.56 (10.82) -15.33% Basic Earnings per Share 0.30 0.35 (0.05) -15.33% Performance Report Issue of trade war between the United States and China

pressuring net profit margin 2) higher depreciation resulted from additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, in order to

in sale quantity and production cost. Performance Revenue from sale and cost of sale The Company and subsidiary recorded a sales volume of 1,449,290 tons for the year 2018, increased by 66,524 tons

revenue from sales and services amounted to Baht 7,815 million, decreased by Baht 334 million or 4% QoQ. This result from the decrease in sale volume and selling price while increase in production cost both

of cost of goods sold so cause gross loss. Total revenue decreased due to the decrease of sale volume and selling price. Sale volume decrease cause by production volume decrease. Both company and

Q4/2018, inventory loss was THB 2,517 million. In this quarter, the refinery’s average production rate was 110.12 thousand barrels per day, as there was a maintenance of the Hydrocracking Unit’s Gas

4,520 8,678 Group EBITDA (120) 874 Group Net Profit (Loss) (869) (431) HRC Sales (k tons) 251 419 HRC Production Volume (k tons) 242 606 HRC Average Selling Price (Bht/Ton) 18,029 20,713 Unit : million