507mn, while adjusted EBITDA increased significantly by 50.3% YoY from THB 361mn to THB 542mn. Interest expense decreased by THB 8mn from THB 23mn to THB 15mn in 1Q 2018/19. Given the further improvement
from credit card increased 6%, in line with continued growth in card spending. However, although the overall economic growth rate of the country has a better outlook, there are risks from the slow
volatility from time to time amid the uncertainties of US-China trade policies and the eventual relationship between the UK and the EU, turbulence in emerging markets, and concerns over the US economic outlook
system. However, at its meeting on March 25, the MPC resolved to maintain the policy interest rate at 0.75 percent, as the economic and inflation outlook was consistent with its assessment at the special
(27,835) - (27,835) 100 Gross Profit 48,521 32,045 16,476 192 Other Income 5,417 2,724 2,693 99 Profit before Expense 53,938 34,769 19,169 55.13 Sale Expense (5,681) (3,186) (2,495) 78.31 Administrative
Management Discussion and Analysis Year Ending 31 December 2019 G J Steel Public Company Limited Page 2/14 2. Business Outlook Total Hot Rolled Steel consumption for 2019 at 6.66 MT decreased by 8% compared to
the cost of production is manageable while we can improve the selling price. 2. Business Outlook on Q3/2017 Management’s Discussion and Analysis (MD&A) For Q2/2017 3 Executive Summary In the second
Rama 2. Moreover, effective cost management measures to control operating and administrative expenses are continuously practiced at all levels of the organization. Hence, administrative expense to total
higher personnel expense of hotel and education business to support business expansion as well as the legal and financial advisory fees of the Mixed-use project, corporate restructuring project and other
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