64 million. In addition, the company has continued its plan to proceed on the debts restructuring with aim to strengthen the financial status, reduce the burden of interest payment and improve

quarter. Moreover, the company has planned and started preparation to improve machineries in order to ramp up the production during the on-peak period to gain more market share and reduce production cost to

million and some portion from the trade creditors agreed to reduce the accrued interests payable during the negotiation period before the completed debt-to-equity conversion scheme. - Gain on exchange rate

the net trade debts of THB 1,136 million and some portion from the trade creditors agreed to reduce the accrued interests payable during the negotiation period before the completed debt-to-equity

was thus reduced to 29% in 2019 as compared to 37% in 2018. To regain the market share and reduce imports, the Company had to resort to very competitive pricing which impacted the EBITDA adversely

facility. The production volume in Q1/19 hence reduce comparing to Q1/18. HRC price is quite stable in Q1/19 though the Safe Guard of Alloy HRC was terminated in February. This does not affect HRC price as

their capacity of the facility. The production volume in Q1/19 hence reduce comparing to Q1/18. HRC price is quite stable in Q1/19 though the Safe Guard of Alloy HRC was terminated in February. This does

oversubscribed by 22.65% of total number of shares allotted. The Cash from Rights Offering and generation from Operations enabled the Company to reduce its liabilities by THB 1,505 Million during the last quarter

of safeguard against Alloy Steel since February, 2019. The Company had to reduce its selling prices in line with Imports to retain its production and sales volumes. Consequently, the average selling

quarter last year. Meanwhile, imports of Hot Rolled Steel decreased by 14% and Domestic Production increased on 11.5% compared to same period last year. To regain the market share and reduce imports, the