Microsoft Word - MD&A 2Q17 EN August 15, 2017 To President, The Stock Exchange of Thailand Subject Notification on the difference of revenue from sales and net profit YOY by more than 20 percent
utilization, ending 31 December 2017 Source: World Steel Association The main raw materials (Pig iron, shredded scrap) the price movement of the main raw materials, i.e. scraps and pig iron, had more fluctuated
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 materials (Pig iron
discrepancy between the two Acts, which one auditor should adhere to? A: The requirement on information disclosure aims to protect auditor who has discovered suspicious circumstance acquired from normal
, decrease Baht 0.59 million or 6.08%, both period not very difference. 2. Cost of sale , Profit margin In Q3/2017 the company had cost of sale Baht 85.71 million compare with the same period of previous year
%) Reversal of provision for deferred difference from debt restructuring - (765) (100%) Gain from the Creditor waived the debt - (624) (100%) Loss on confirmed purchase orders of - - undelivered raw material
sales and services amounted to Baht 8,678 million, increased by Baht 863 million or 11% QoQ. Revenue increase came from sale volume increase but still had net loss because raw material cost increase
% 215 -32% 361 730 -51% Adjusted EBITDA Margin (%) 4.4% 6.8% -2.4% 7.6% -3.2% 5.9% 8.2% -2.3% Net Profit -36 67 -154% 20 -280% -16 131 -112% Item from raw materials derogation 14 -2,004 -101% 2 600% 16
Company’s working capital is indirectly subsidized via trade creditor in form of loan and via business partners in form of raw material supported for production (under Collateral Management Agreement – CMA