Company shall pursue its strategy and policy, focusing on the core business operation that the Company truly has knowledge and expertise in as the strength, which consists of printing media (Bangkok

, the growth in expenses was less pronounced than that of net total income. As a result, our cost to income ratio decreased to 41.07 percent compared to the previous quarter, which was still better than

mainly to employee expenses and repair and maintenance of premises and equipment expenses, whereas marketing expenses fell. As a result, our cost- to-income ratio stood at 42.70 percent, which was still

, other operating expenses rose Baht 765 million, or 5.03 percent over-year due in part to marketing expenses. As a result, our cost to income ratio increased to 41.20 percent from the same period of last

the nonferrous mining segment is likely to underperform versus previous years and we face competition in Laos. The potential strength of the Thai baht, which is forecasted to appreciate 4% in 2019, will

conditions and increasing competition in the Japanese restaurant industry. Other brands such as AKA and On the Table were meanwhile able to maintain positive SSSG due to the strength of the brands and the

steel will increase in the future. Remarks: 1. For antitrust reasons, worldsteel no longer produces a monthly global capacity utilisation ratio. Information on capacity can be found on the OECD website. 7

utilisation ratio. Information on capacity can be found on the OECD website. 6 G J Steel Public Limited Management’s Discussion and Analysis (MD&A) for year 2018 (Revised) The main raw materials (Pig iron

sales ratio decreased significantly from 37.1% in 2Q 2018 to 26.8% in this quarter due to revenue increasing at a higher rate than expenses. Net profit attributable to the equity holders of the Company

ordinary shares 500,000 shares Disposed shares 400,000 shares Shareholding ratio before disposal 99.9994% of Register capital Shareholding ratio after disposal 19.9994% of Register capital Shareholding