impairment and increased in recognize loss competition and land, building and equipment decline of 1,054.49 Million Baht due to recorded more in impairment of fixed assets and transfer fixed assets of 808.12

from last year by Baht 36.30 Million. Due to increasing of transfer right of controlling asset and billing invoice to customers for construction contracts on hand. The Group’s has duration credit term

nine months and of AVA for about six months as AVA has accepted an ownership transfer of the power plant since 20th March 2020. 2. Gross profit for the first nine months of 2020 was THB 255 million that

margin fell to 1.7% (1Q 2019; 9.0%) • Reported net loss of THB 807mn (down 238% YoY), from the aforementioned lower EBITDA as well as higher share of loss from joint ventures and higher depreciation and

Limited Management’s Discussion and Analysis (MD&A) for year 2018 any improving of the consumption of steel in this quarter. In addition, the Company has move the annual shut down early to February due to

/2019 2 G J Steel Public Limited Management’s Discussion and Analysis (MD&A) for year 2018 (Revised) any improving of the consumption of steel in this quarter. In addition, the Company has move the annual

well as the cost appraisal of Takuni Land’s lands (by Thanasiri) which is the location of the Project will not be lower than as agreed by the parties- are expected to be completed in June 2018. If the

renovations.  Selling expenses increased by Baht 33 million which is principally due to higher exhibition expenses, specific business tax and transfer fee offset by lower commission expense.  Administrative

total revenue. The net profit increased by 318.11 million Baht or 239.32% from the same period last year. The significant increase in revenue is the result of ownership transfer. Please be informed

company and subsidiaries had less advertisement and promoting expenses. Specific business tax and transfer fee were in accordance to revenue. 4.2 Administrative expenses In the first quarter 2019, the