from operating activities 54.38 1.65% 78.68 2.31% 24.30 44.70% Finance income 0.90 0.03% 0.84 0.02% (0.05) (5.87%) Finance cost 7.59 0.23% 4.00 0.12% (3.59) (47.34%) Profit before income tax expenses

: Baht Million) 2018 2017 % Change Profit (loss) from operating activities before changes in operating assets and liabilities (2) 559 -100% Profit (loss) from changes in operating assets and liabilities

activities. Since there are various calculation methods, its presentation may not be comparable to similarly titled measures used by other companies. (3) Comprises of total revenue net gain on foreign exchange

performance or liquidity, under TFRS, and should not be considered alternatives to net profit (loss) or any other performance measure or as an alternative to cash flow from operating activities. Since there are

Company. This was mainly due to termination of Tolling activities by the Subsidiary and restart of own production by the Company. Total liabilities Total liabilities of the Company and subsidiary as at 30

share as at December 31, 2019. Liquidity Cash Flow Activities For the six- month period ended June 30, 2020, the Company and its subsidiaries generated cash flows from operating activities of

(loss) or any other performance measure or as an alternative to cash flow from operating activities. Since there are various calculation methods, its presentation may not be comparable to similarly titled

Shipment volumes for this year were lower as compared to last year due to due to termination of Tolling activities since February 2019. GJS บริษัท จ ีเจ สตีล จํากดั (มหาชน) G J Steel Public Company Limited

106.2 Mn. Cash Flow Analysis Type of Cash Flow For the Year Ending 31 December 2018 2019 THB Mn THB Mn Net Cash from (used in) Operating Activities 264.7 302.1 Net Cash from (used in) Investing Activities

Baht) For the year ended 31 December 2019 2018 Cash flow from operating activities 1,902.4 1,617.9 Cash flow from (used in) investing activities (1,729.2) 241.2 Cash flow from (used in) financing