shall be improved from Q2/2018 due to the cycle of the market which has passed the long holiday period that has sluggish demand of steel products. However, the Company will increase and maintain the
upgrading equipment health. This has significantly improved the Debt to Equity Ratio from 0.49 in 2016 to 0.20 in Q2-2019 and the Current Ratio from 0.33 in 2016 to 1.75 in Q2-2019. 1. Highlights 2 G J Steel
HRC price and demand comparing with Q2/17. Up to August, average HRC price in Q3 is higher than average HRC price in Q2/17 by 7- 8 %. As such, the bottom line of Q3/17 is expected to be improved because
% – 74.3% throughout the year 2017, over the cycle, anyhow overall went on at higher level than previous year, somewhat improved indicates the recovery trend, but not too much while big portion of idle
production capacity utilization ratio swung between 67.6% – 74.3% throughout the year 2017, over the cycle, anyhow overall went on at higher level than previous year, somewhat improved indicates the recovery
quarter production and sale volume should not be a reflective to volume for the remaining period in 2019. The Company has already embarked on a maintenance programme last year, which includes, improved
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
ratio swung between 67.6% – 74.3% throughout the year 2017, over the cycle, anyhow overall went on at higher level than previous year, somewhat improved indicates the recovery trend, but not too much
/17 by 7-8 %. As such, the bottom line of Q3/17 is expected to be improved because the cost of production is manageable while we can improve the selling price. 2. Business Outlook on Q3/2017
million metric tons, increasing 11.52% consisting of Hot Roll Coil and Sheet (thin gauge) at 0.707 million metric tons, increasing 14.57% and Thick gauge (Plate) at 28.2 thousand metric tons, decreasing