United States, caused slowdown of the global economic growth and resulted to the narrow of metallic spread. The company's gross profit margin fell from 5.7 percent in 2017 to just 0.9 percent in 2018 which
war between China and the United States, caused slowdown of the global economic growth and resulted to the narrow of metallic spread. The company's gross profit margin fell from 5.7 percent in 2017 to
100,000 tons per month. HRC and scrap price is stable for this quarter comparing to Q3/17 while the market demand is also stable so far. We are positive to record the growth of production volume by 6
, raw materials, were also increased in the same trend of HRC price, nevertheless, the Company was able to maintain growth in metal spread in this quarter rose to THB 8,093 per ton, increasing from the
. Thailand registered a GDP growth of only 2.4% during 2019 against 4.1% in 2018 with the fourth quarter 2019 growth at merely 1.6%. Further, Total Hot Rolled Steel consumption for 2019 at 6.66 million MT
actions in order to continue its business as normal. - The steel business is considered as the upward trend and strong demand for Thailand which is in line with economic growth. The Company therefore need
growth. The Company therefore need to resolve the long time overdue debts and seeking sufficient working capital in order to support the business operation. - The facility of Company is considered as the
inflation in line with the world oil price (Source: The Bank of Thailand). The overall global aviation industry in the first 9 months of 2019, a growth in passenger traffic globally was supported by 4.5
GDP (Gross Domestic Product) in fourth quarter expanded at 1.6 percent, slowdown growth from the previous quarter which grew at 2.6 percent. These factors limited Thailand’s GDP expansion in 2019 to
Bank of Thailand). The overall global aviation industry in the first half of 2019, a growth in passenger traffic was supported by 4.7 percent increase in revenue passenger kilometers (RPK) where Europe