The main raw materials (Pig iron, shredded scrap) the price movement of the main raw materials, i.e. scraps and pig iron, had more fluctuated since the first quarter of 2016, by increasing in the first
be resulting that the Company would be able to decrease net outstanding debts in the amount of USD 123,899,729 or equivalent to THB 4,275,683,281.33 including the haircut of accrued interest of such
714 million, remaining by Baht 313 million. And repayment loan to GJ Steel Baht 94 million (At year ended, no outstanding debt with GJS) and it had reclassified from current liability to non-current
be resulting that the Company would be able to decrease net outstanding debts in the amount of USD 123,899,729 or equivalent to THB 4,275,683,281.33 including the haircut of accrued interest of such
the purchaser for the outstanding amount. A part of the proceeds from the disposal of assets were used to pay down on the bank overdrafts and short- term loan outstanding in March 2017. The Company
income. 1.3 Cost of goods sold Major cost of goods sold are cost of products consisting of cold rolled stainless steel sheet, Copper, Aluminum, Brass, Galvanized iron with various type as coil, sheet, pipe
land for Baht 166.54 million. In March 2017, the Group had transferred the ownership of the land to the purchaser since the Group has already received the payments from the purchaser for the outstanding
transferred the ownership of the land to the purchaser since the Group has already received the payments from the purchaser for the outstanding amount. For the financial statement ended December 31, 2017, the
one of the outstanding business and one of the development plan to develop digital innovation business. In addition, Hero Experience Co., Ltd. plans to develop the Marvel Experience Theme Attraction
so that it is interested to invest in the tourist business which is one of the outstanding business and one of the development plan to develop digital innovation business. In addition, Hero Experience