investment of a new company 3.1 Name of new company MBK Food Service Company Limited (“MBK-FSV”) 3.2 Nature of Business Operation Management raw materials, products finished goods, Semi-finished goods 3.3

Ending 30 September 2019 G J Steel Public Company Limited Page 12/13 Table: The production and the domestic demand of Finished Steel in Jan - Sep 2018 and 2019 Total Apparent Finished Steel (Unit : Tons

32.8% from energy favorable prices. Costs were controlled and the total expenses in quarter 3 reported at Baht 333.6 million, a decrease of 25.9% over the same period last year. As a result, the Company

steel which increasing compared to the same period of previous year. Table: The production and the domestic demand of Total Finished Steel in Q1 2019 and 2020 Total Apparent Finished Steel (Unit : Tons

. Moreover, a stagnant of Thai economy in the first half of 2017 causes a lower demand of steel consumption. According to ISITCs data, total apparent finished steel consumption of Thailand for the first 6

Analysis (MD&A) For Q3/2018 3 Executive Summary The total apparent finished steel consumption of steel industry in Thailand in the third quarter of 2018 surged to 4.66 million tons, an increase of 11.1

quality control grade of finished product decrease. The profit from the income earning from the foreign exchange decrease comparing to the same period of time. Total Revenue 200.5 241.4 20.4% An increase in

to favorable energy prices. Total expenses were Baht 404.4 million, decreased by 5.2% through budget controlled measurement. However, due to the increment of temporary shutdown expenses and loss from

Jan - Sep 2018 and 2019 Total Apparent Finished Steel (Unit : Tons) 2018 2019 % Change Production 9,031,718 7,634,912 -15.47% Import 12,056,501 12,219,872 1.36% Export 1,754,326 1,384,722 -21.07

demand of Hot Rolled Steel which decreasing compared to the same period of previous year. Table: The production and the domestic demand of Finished Steel in Q1 2018 and 2019 Total Apparent Finished Steel