its core business and disposition of non-performing business units achieving a favorable result by no realizing of depreciation and carrying successive losses of Power Plant business performance. • Net

ended 31 March 2017 2018 Changes Million Baht % Million Baht % Million Baht % Event expenses - - 10.00 65.32 10.00 - Advertising and public relation expenses 1.48 88.62 5.01 32.72 3.53 238.51 Others 0.19

Management Discussion & Analysis ( - translation - ) For operating result of 2Q18, ended 30 June 2018 Raimon Land Public Company Limited | 9 August 2018 1 / 4 Major Events in 2Q18 and July 2018 April

- warrants 310.00 310.00 - 0.00% Retained earnings (1,657.71) (1,624.52) (33.19) 2.00% Other components of shareholders’ equity 215.96 217.27 (1.31) -0.61% Non-controlling Interests (10.14) (8.65) (1.50) 14.76

its investment in biomass powerplants to account for non-current assets held for sale. UWC plan to reinvest the proceeds in a higher return business to accommodate growth and streamline the company’s

- warrants 310.00 310.00 310.00 0.00% Retained earnings (1,624.52) (818.73) (643.93) 125.14% Other components of shareholders’ equity 217.27 216.89 216.89 0.17% Non-controlling Interests (8.65) 12.27 12.27

Provincial Electricity Authority, the System trading Project for expanding GDCC (VM) services of the National Telecommunications Public Company Limited, the Equipment trading Project to expand IRIS premium

High- speed network telecommunications service project ( Broadband) in the area of the 80th Anniversary Chalermprakiat Government Complex of National Telecom Public Company Limited, the Equipment

( Broadband) Project in the area of the 80th Anniversary Chalermprakiat Government Complex of National Telecom Public Company Limited, the Upgrade Core MPLS Trading Project of National Telecom Public Company

8 บริษัท จี สตีล จํากัด (มหาชน) G Steel Public Company Limited Management Discussion and Analysis Quarter 2 Ending 30 June 2020 1. Operating Result Highlights 2. Changes in Accounting Estimates In