some marketing risk and to improve product quality to be accepted for international standard level. For the year 2018, it will be a challenging year for the Company to increase more export volume, sales
, the Company aims to diversify some marketing risk and to improve product quality to be accepted for international standard level. For the year 2018, it will be a challenging year for the Company to
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
% 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
continuously until the first quarter of 2018. For second quarter to fourth quarter of 2018, the price of pig iron and the price of scrap started to fall continuously. Thus it will become more challenging for the
of scrap started to fall continuously. Thus it will become more challenging for the global steel industry participants in all the regions. Careful estimation for raw material purchasing and production
continuously. Thus it will become more challenging for the global steel industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed
3,855 7,639 50% Cost of sale - idle costs 0 58 100% Cost of sale - (Reverse of) loss on devaluation of inventories (50) 36 241% Total cost of sale 3,805 7,733 51% Selling expenses 48 94 50% Administrative