follows: • Net cash flow used in operating activities was Baht 121. 69 million and profit before income tax was Baht 27. 85 million. At the same time, trade receivables have increased while trade payables

periods. The Company had terminated the Tolling Agreement with G Steel Public Company Limited and accordingly the tolling activities were stopped from 1st February, 2019. Further, continued slackness in the

activities. Overall Domestic HRC market conditions remained subdued with downward pressure on HRC prices due to global trade tensions, high levels of imports and slowdown in Thai economy. While various

this Quarter were lower as compared to Last Year Quarter due to due to termination of Tolling activities which were carried out during the Last Year Quarter. GJS บริษัท จี เจ สตีล จ ำกัด (มหำชน) G J

, and supply chain efficiencies. Selling and administrative expenses (SG&A) level of spending was at 23.0% of sales, in accordance with the phasing of advertising and promotion activities implemented to

quarter with net losses due to lockdown and the disruption of activities that occurred. Sales have not yet been able to adjust back to normal due to the novel coronavirus (COVID-19) outbreak, despite the

expenses and layoff. Therefore, our business has been affected in every segment, particularly fashion in Thailand and Italy. Promotional activities, new campaigns and discounts as well as co-promotions with

expenses       345.73 2.42%       355.98 2.47% 10.26 2.97% Profit from operating activities         534.14 3.73%         271.85 1.89% (262.30) (49.11%) Finance income         21.72 0.15%           5.90 0.04

in tourism and export. The partial lockdown mandated in the last week of March resulted in a more pronounced slowdown in economic and business activities. Telecommunication sector was affected from

% from year ended 2018. The Cash and Cash Equivalent for the Company decreased by Baht 17 million. Cash Flow  Net cash flows used in operating activities Baht 599 million  Net cash flows used in