administrative expenses etc. THB 106.05 million Cash conversion cycle on a monthly basis. Remark: *Sell of crude oil will accept the credit term of 15-30 days. Opportunity for revenues growth The Company shall
to the cycle of the market which lowering the demand of steel products. The Company has exported its products as according to the marketing plan in order to expand marketing strategy, improve standard
shall be improved from Q2/2018 due to the cycle of the market which has passed the long holiday period that has sluggish demand of steel products. However, the Company will increase and maintain the
Crude Oil from other country and also support stability of the power business of Thailand. The Company contemplates to expand its business to cover crude palm oil (CPOA) trading business for biodiesel and
World Steel Industry Chart of world crude steel production monthly, ending 31 December 2017 Source: World Steel Association According to the World Steel Association’s report on world crude steel
(MD&A) for year 2017 (Revised) 4 Overview of World Steel Industry Chart of world crude steel production monthly, ending 31 December 2017 Source: World Steel Association According to the World Steel
segment of IVL was adversely impacted due to steeply lower crude oil price impacting margins of MTBE & Int. EG as shale gas lost its advantage against naphtha based producers. • Mobility & Lifestyle Fibers
and trust in supporting the Company’s business. 3. Management’s Message Management’s Discussion and Analysis (MD&A) for year 2017 4 Overview of World Steel Industry Chart of world crude steel production
World Steel Industry Chart of world crude steel production monthly, ending 31 December 2017 Source: World Steel Association According to the World Steel Association’s report on world crude steel
lower crude oil prices. • Hygiene fibers improved with better demand and stronger outlook. Lifestyle and Mobility Fibers improved in early part of the year though felt the headwinds in March 2020 from