Microsoft Word - ELCID_Telemax Capital Increase No. FER 600195 March 23, 2018 Subject : Notification of the capital increase and investment plan of its subsidiary Attention : President, The
year. The increase in the overall gross profit margin was mainly driven by the reversal of provision for obsolete and slow-moving inventory, the increase in house brand revenue contribution in
stable and will moving in the same trend as in Q4/17. We strongly believe that we can increase production capacity and also maintain the metal spread to strengthen the Company business. 2. Business Outlook
increase and was moving in line with the world economy which related to global steel consumption increased. The overall steel market prices have risen over the second half of 2017 especially in China
. Chart of world crude steel production monthly, ending 30 September 2017 Source: World Steel Association Such the situation showed that global crude steel production continues to increase and was moving in
that global crude steel production continues to increase and was moving in line with the world economy which related to global steel consumption increased. Therefore, the steel product is expected to
share of world crude steel production 2017 and 2018 Such the situation showed that global crude steel production continues to increase and was moving in line with the world economy which related to global
increase and was moving in line with the world economy. Many countries trying to stimulate their economies by issuing trade promotion policies to support the export of steel together with encourage to use of
: World Steel Association Source: World Steel Association Such the situation showed that global crude steel production continues to increase and was moving in line with the world economy which related to
continues to increase and was moving in line with the world economy which related to global steel consumption increased. The overall steel market prices have risen over the second half of 2017 especially in