from US- China trade war, was another reason of decreasing of Chinese visitors. Thailand economic was favorably supported by domestic demand including private consumption and investment as well as

429.19 446.17 16.98 (6.26) Cash and cash equivalents 67.72 80.05 12.33 (27.15) Trade and other account receivables 58.62 57.81 (0.81) (14.57) Inventories 123.14 132.60 9.46 11.46 Property, plant, and

most important export market of Thai chicken meat products. In 2019, Thailand exported chicken meat products to Japan about 437,819 tons, slightly decreased by 0.58% from previous year primarily from the

market price worldwide and a stagnant of Thai economy in the first half of 2017 causes a lower demand of steel consumption. Management’s Discussion and Analysis (MD&A) For Q2/2017 GSteel 2 - HRC cash

exchange rate for year 2019 and 2018 amounting to THB 216 million and THB 105 million in respectively due to the strengthening of the Thai Baht against the US Dollar. • Net gain from write-off expired legal

since its resumption in 2013. The earning for this quarter reported a net loss of THB 451 million, mainly due to the impact of Thai baht depreciation in this quarter, which this item was unrealized loss

LIMITED 4 FINANCIAL POSITION From 1 January 2020, the Company has adopted the Thai Financial Reporting Standards (TFRS) 16 – Leases for its financial statement reporting for the first time. Under this new

conjunction with the consolidated financial statements and notes to financial statements. If not defined otherwise, all financial information presented in this document are in Thai Baht. The company presented

million due to weakening of the Thai Baht against the US Dollar. 4. Statement of financial positions • Total assets As of 31 March 2020, the Company has total assets amounting to THB 15,320 million which

global trade volume affected by trade tensions and the impact of structural changes in the Thai economy on export sector. Public expenditure and private investment would expand slower than the previous