THB mm Net cash generated (used in) from operating activities (894.0) 483.6 Net cash generated (used in) from investing activities (1,134.6) 764.4 Net cash generated (used in) from financing activities

2016 2017 THB mm THB mm Net cash generated (used in) from operating activities (1,581.3) 1,760.6 Net cash generated (used in) from investing activities 10,167.5 2,144.2 Net cash generated (used in) from

by THB 274.49 million from the same period last year. For the three- month period ended March 31, 2019, the Company and its subsidiaries used net cash in its investing activities in amount of THB

and Analysis Quarter 1 Ending 31 March 2018 G Steel Public Company Limited Page 4/12  Net cash flows used in investing activities Baht 62 million which proceeds from liquidation of subsidiary Baht 68

Public Company Limited Management Discussion and Analysis Quarter 2 Ending 30 June 2018 G Steel Public Company Limited Page 4/14  Net cash flows used in investing activities Baht 35 million which proceeds

provided by operating activities Baht 749 million  Net cash flows used in investing activities Baht 4 million which proceeds from disposal of investment in subsidiary Baht 68 million and purchasing of

million, decreased Baht 93 million or 36% from year ended 2018 since the Company and subsidiary has • Net cash flows provided by operating activities Baht 62 million • Net cash flows used in investing

in its investing activities in amount of THB 740.03 million, increased by THB 133.74 million from the same period last year. For the six- month period ended June 30, 2019, the Company and its

(used in) from operating activities (90.1) 865.0 Net cash generated (used in) from investing activities (831.4) (1,898.7) Net cash generated (used in) from financing activities 1,933.2 1,709.1 Net

Baht 605 million  Net cash flows used in investing activities Baht 23 million. Purchasing of property, plant and equipment Baht 40 million and the company sell assets (BOI) to Free Zone in order to