days of credit term The reason The Company sold the unused equipment to KPPH to reduce outstanding idle equipment and to create maximum benefits for the Company. 2nd transaction Partners of Contract
depreciation which does not been included for tolling service. However, the Company still had gross loss because cost per ton still high which resulted from depreciation, idle cost which was fixed cost of the
outstanding idle assets and to create maximum benefit for the Company. The total transaction size of Disposal on fixed asset is USD 978,501 (Approximately Baht 29,985,478 which is accounted to 0.05% under the
: The Company has little selling expense like previous quarter because the company produced for sale a little but mainly produce for tolling so selling expense of this quarter decreased by Baht 65 million
. (Separate: The Company has little selling expense like previous quarter because the company produced for own sale a little but mainly produced for tolling so selling expense of this quarter decreased by Baht
118 million. (Separate: Baht 4 million for the year 2018 and Baht 298 million for the year 2017). Major factor come from the significant decrease of sale volume of the Company. Administrative expense
/12 Administrative expense Total administrative expense of the Company and subsidiary amounting to Baht 200 million, increased by Baht 2 million QoQ and increased by Baht 21 million YoY. (Separate: Baht
subsidiary amounting to Baht 45 million, decreased by Baht 50 million YoY (Separate: Baht 0.09 million, decreased by Baht 3 million YoY), according to the decreasing in sale volume. Administrative expense
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