sales and service income and gross profit from efficient fuel management both in procurement process and production process, including effectively controlled in maintenance cost. Including the cash

% yoy, +6% qoq) and non- mobile enterprise business grew 13% yoy. We continued on with cost optimization while expanding 5G network which resulted in controlled cost of service (+3% yoy, -0.5% qoq) and

Company has achievably controlled the production’s loss in order to compensate the increased in the fixed costs. The Company has emphasised on managing raw materials and inventory to have a faster turnover

-controlled. • Other costs of service were Bt2,377mn, increasing +24% YoY and +14% QoQ mainly due to content acquisition cost i.e. Disney+ hotstar and Olympic program. SG&A expenses were Bt5,240mn, decreasing

controlled the production’s loss in order to compensate the increased in the fixed costs and emphasised on managing raw materials and inventory to have a faster turnover rate and keep the inventories between

was controlled or suspended by the financial regulatory authority. For the purpose of considering prohibited characteristics under sub clause (c) and (d), the term “financial institution” means

million in the same period of the previous year, which decreased by 0.3 percent. The decrease in sales (despite the higher sales volume) was due to the lower average prices in main products like copper

balance of trade accounts receivable increased from the balance as at 31 December 2018, the management still believes that the Company could collect debt from the main customers based on the past experience

Public Company Limited Management Discussion and Analysis Year Ending 31 December 2019 G J Steel Public Company Limited Page 11/14 The main raw materials (Pig iron, shredded scrap) the price movement of

sector which continued to expand. Public spending and private consumption remained to be the main growth drivers. The policy rate remained stable at 1.5%. Central Pattana Public Company Limited (“The