, several Cost saving measures have been initiated by the Company and subsidiary to reduce costs. Management Discussion and Analysis Quarter 2 Ending 30 June 2020 G Steel Public Company Limited Page 5/7
, 2020 and December 31 , 2019 , equal to 886.93 million baht and 686.91 million baht, respectively, an increase of 200.83 million baht or 29.12% due to the increase in service costs, resulting in increased
costs of construction and service. The debt to equity ratio of the 2nd quarter was equivalent to 410.39 times whereas -16.47 times in 2019 due to higher shareholders’ equity from the capital increase as
services 183.78 371.92 448.29 gross profit 34.53 65.92 116.70 Administrative expenses 15.95 18.94 28.49 Gain / (Loss) on exchange rate 0.00 (0.25) (1.06) EBIT 18.58 46.73 87.14 Financial costs 2.46 1.02 0.47
changes have impacted the Company’s costs and expenses. The details are as follows: Detail Second quarter of 2019 Cost of construction 28 MB Cost of sales and service 4 MB Administrative expenses 20 MB
there was a profit. Gross costs from logistics services was 15.58 million baht, a decrease of 23.33%. Page 4 from 5 Analysis of financial position Unit : million baht Statement of financial 30 SEP 2020 31
by adding the more productive machines to the production process in order to reduce the cost of labor the compensate the other additional costs instead. In this regard, the cost of sales and
under the operation of its subsidiary in Thailand. As for the subsidiaries in Thailand, there will be only revenue and costs from representative and transportation activities in the country (said