according to the resolution approval from the Extra Ordinary Shareholders’ meeting no. 1/2017 on 30th August 2017 by newly issuing ordinary shares of the Company to pay the net trade debts of THB 1,136

from (used in) financing activities 1,365 Net increase (decrease) in cash and cash equivalents (31) Cash and cash equivalents at 1 January 2017 610 Effect of exchange rate changes on balances held in

% 11.2% 0.9% In September 2018, the Company completed divestment of Interactive Communications – a subsidiary of the group - and booked gain on sales of investment of THB 12.3 million before tax. As the

considered low especially the government project as the public is still waiting for the national election on 24 March 19. As such, the Company do not foresee 2. Business Outlook on Q1/2019 3 G J Steel Public

this quarter is considered low especially the government project as the public is still waiting for the national election on 24 March 19. As such, the Company do not foresee 2. Business Outlook on Q1

GFPT Public Company Limited Interim Management Discussion and Analysis for the 1st Quarter 2019 Page 1 of 11 Management Discussion and Analysis This interim MD&A report has been prepared based on the

ที่ กตพ Ref. DBP. 073 / 2019 May 13, 2019 Subject : Clarification on Operating Results for the 1st quarter ending March 31, 2019 To : President The Stock Exchange of Thailand Diamond Building

overhauling of the 1. Highlights 2 G J Steel Public Limited Management’s Discussion and Analysis (MD&A) Q1/2019 spare transformer available with the Company. On breakdown of the operating transformer, the spare

% of the ordinary shares in Glamford Investments sp. z o.o. The purpose of Glamford acquisition is to invest in leasehold rights to carry on the hotel business overseas. 18 January 2019: Signing of the

GFPT Public Company Limited Interim Management Discussion and Analysis for the 2nd Quarter 2019 Page 1 of 13 Management Discussion and Analysis This interim MD&A report has been prepared based on the