) July 14, 2017 After the SSG group, led by SSG Capital Holdings Limited (“SSG CH”) expressed its interest in engaging in the debt restructuring of both G Steel Public Company Limited (“GSTEL”) and G J

Analysis Yearly ending 31 December 2019 1. Highlights The Consolidated sale revenue posted stood at Baht 17,416 million decreased by Baht 12,549 million compared to last year since both sale volume and

premium single home project on Rama 3 road. The selling price is 18-60 million THB and the project was launched on 14th July 2018. The Company has already achieved the sales volume of 1,600 million THB

into account of the appraisal of the shares of the business by different approaches, i.e. book value approach, adjusted book value approach, price to book value approach and discounted cash flow approach

interest in engaging in the debt restructuring of both G Steel Public Company Limited (“GSTEL”) and G J Steel Public Company Limited (the “Company”), on May 26, 2017, the Company executed a memorandum of

year 2016. Consequently, Book value as of May 31, 2017 was 57.5 baht per share, increasing from that of 55.1 baht per share as of February 28, 2017. Debt to Equity ratio as of May 31, 2017 decreased to 4

12,257 million baht as of February 29, 2016. Consequently, Book value as of February 28, 2017 was 55.1 baht per share, increasing from that of 49 baht per share at the end of last fiscal year. Debt to

3,825.51 million, which increased from the same period of previous year by Baht 21.68 million or 0.57 percent, due to the increase in product sales volume of 3.33 percent. Revenues from services were Baht

Account Receivable Turnover Ratio (Times) 9.37 8.58 Average Collection Period (Days) 38 42 Inventory Turnover Period (Days) 13 19 Average Payable Period (Days) 19 18 Cash Cycle (Days) 32 43 Total Debt to

percent, consisting of: - 3 - Cost of sales was Baht 743.99 million, which increased from the same period of previous year by Baht 37.98 million or 5.38 percent, due to the increase in product sales volume