to the efficiency of food waste control and raw material purchasing in term of better price and volume deal. Selling and Admin Expenses % Selling and admin expenses to revenue of Q2 2017 and Q2 2016

than 5 percent of its shareholders’ equity or litigation case which may have material effect to its business operation or which is not caused by the company’s ordinary course of business. 13. Asset

(14) Finance Cost 5 7 (29) Net Profit 40 23 74 (Unit : Million Baht) Financial statements in which the equity method is applied Q1/2019 Q1/2018 % Change Sales and Service Income 485 467 4 Cost of Sales

% respective of the total liabilities. The decrease for long term loan in year 2018 due to gradually paying off some balance of debt from the finance institution. Shareholder’s equity The Company’s shareholder’s

2019 due to gradually paying off some balance of debt from the finance institution. Shareholder’s equity The Company’s shareholders equity as of the year end 2018 and Q2/2019 amounted to THB 757.2 MB and

) Finance Cost 10 15 (33) Net Profit 88 51 73 (Unit : Million Baht) Financial statements in which the equity method is applied Q2/2019 Q2/2018 % Change Sales and Service Income 1,001 934 7 Cost of Sales and

the equity method is applied (Unit : Million Baht) Q2/2019 Q2/2018 % Change 6 Month 2019 6 Month 2018 % Change Sales and Service Income 516 467 10 1,001 934 7 Cost of Sales and Services 412 375 10 800

investment value that is applied equity method. Financial Position (in comparison to as of 31 December 2019) Overall financial position of the Company as of 31 March 2020, compared to the statement of

increase in raw material cost, salary and benefits of the employees, electricity, gas expenses and repair and maintenance expenses. Cost of services was Baht 392.61 million, which increased from the same

Total Equity (273) 172 Minority 9,570 9,928 Gr ou p HR C Gr ou p บริษัท จี สตีล จ ำกัด (มหำชน) G Steel Public Company Limited Management Discussion and Analysis Quarter 1 Ending 31 March 2019 G Steel