EBITDA 50 41 Net Profit (Loss) (433) (311) H R C HRC Sales (k tons) 172,117 418,365 HRC Production Volume (k tons) 178,506 417,825 HRC Average Selling Price (THB./ton) 17,915 20,109 HRC Cash Margin (THB

materials for production to customers relative to the increase in inventories. - Liabilities under financial lease agreements were increased by Baht 102.67 million. The Company saw an increase in year-by-year

Connected Transaction (receiving financial assistance) Dear: President The Stock Exchange of Thailand The Board of Directors Meeting of G J Steel Public Company Limited (“Company”) No.10/2017 held on November

pressuring net profit margin 2) higher depreciation resulted from additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, in order to

%. The details were, as followings; Drought in 2016 caused lower cane production In 2016, drought in Thailand caused the Company less cane production in 2017. The Company has crushed cane in 2017, 6.83

net profit margin 2) higher depreciation resulted from additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, in order to prepare

Page 1 of 4 GEL-ACC621536 14 August 2019 Subject: Management Discussion and Financial Analysis for the operating results of the second quarter of 2019, ended June 30, 2019 To: Director and Manager

Limited ( the “ Company” ) and subsidiaries hereby submit the Annual Financial Statements, the three months period ending 31 March 2020 and 2019, together with the clarification of the performance of the

- Translation - MPIC 019/2018 November 7, 2018 Subject: Submit the Financial Statement for the quarter ended September 30, 2018 and clarification for the change of operating result more than 20

canceled the production of tape and weaving process following the new business model to reduce the cost the purchasing of plastic resin through banking (TR) has been canceled too results in the financial