Company is ready to consider developing potential projects with the use of appropriate fund regarding the Company’s cash flow in order to reduce the risk in its liquidity management. As of 30 September 2018

follows. Overview According to the Bank of Thailand and Office of the National Economic and Social Development Board data, the Thai economy in the third quarter of 2018 expanded by 3.3%, decreased from 4.6

from product sales in total of THB 9.87 million, a decrease of THB 25.18 million or 71.84% from the same period of previous year due to there was no production since 2017 to reduce cost of managing

amount going to reduce by portion of next milestone’s payment follow by contract.   However, Service income received in advance and Advance received from construction contracts were reduced by Baht 205.18

until the situation is well. Moreover, in order to reduce the effect on the shareholders from the postponement of the 2020 Annual General Meeting, the Board of Directors Meeting on April 9, 2020 had a

to 1) expand Export Branded Business sales; 2) improve work processes in all areas for higher efficiency; 3) strictly control and reduce costs and expenses; 4) ramp up asset utilization to manage fixed

Company Limited (“the Company”) and its Subsidiary (“the Group”) would like to clarify the change in operating result for the 2nd Quarter ended 30 June 2020, which changed in revenue and net profit compared

operation of Asia Pacific Glass Company Limited (“APG”), which not only generate incremental revenue to the Company but also reduce the production costs of the Company’s energy drinks in bottle formats. In

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

called “The Group”) would like to submit Management’s discussion and analysis for the Quarter ’ with the summary as follows: - 1. Nature of operations of the Group The Group has principally engaged in