year 2018 amounted to THB 836 million which loss higher than last year mainly due to HRC selling price is stable whilst the cost for import scraps is continuous increase. However, for the year 2018, the

the year 2018 amounted to THB 836 million which loss higher than last year mainly due to HRC selling price is stable whilst the cost for import scraps is continuous increase. However, for the year 2018

cost saving measures to minimize the negative impact of the COVID-19 pandemic on the Company’s future operations and is hopeful that appropriate measures will also be taken by the Government to support

(A.D. 2019) with the additional provision relating to anti-dumping and countervailing measurement which will be officially effective in 180 days from the announcement date of the Government Gazette or

is expected to be effective in the next few months to give further support to the Domestic HRC prices. However, the consumption is expected to remain low till the new government formation. As such we

Countervailing of Foreign Products Act, B.E. 2562 (A.D. 2019) with the additional provision relating to anti-dumping and countervailing measurement which will be officially effective in 180 days from the

sales compared to the same period of 2018 which has cost of sales 767.27 million baht or 88.70% of sales due to proper product management and effective resulting in reduced cost of sales. - Selling and

proper product management and effective resulting in reduced cost of sales. Yours Sincerely, Mr. Perapol Suwannapasri Managing Director

with the same period in 2016 decreased from THB 88.79 million to 78.12 million or decreased THB 10.67 million or 12.01% because of effective cost management. Net profit of Company’s operation Net profit

from the last year because of inventory management and effective manufacturing cost control. 3. Gross profit margin was 3.56% of Revenue from sale and service, increased from last year that gross profit