connection between the MRT Purple Line Project and the MRT Blue Line Project in August 2017 which makes convenience and time saving for passengers resulting to the increase in ridership of both projects. The

Profit Margins of excluding Other Utilities Revenue was 36.2% improved from 35.1% in 1Q2018, from increase sales volume and improved production cost which was partly from an innovative cost saving

which are energy-saving innovations for air conditioners (WATER INT PAD: Water Intelligent), in the past can sell such products which the quality and efficiency of the products resulting in the year 2019

of network capacity and coverage. This shall result in saving of investment to expand capacity and the enhancement of overall efficiency of network management as well as customer experience. AIS

on the Company’s future revenues, operations and supply chains. The Company is taking several cost saving measures to minimize the negative impact of the COVID-19 pandemic on the Company’s future

for new stores in hardline and food segment, 2 Thai Watsadu, 1 GO! Mall and 1 BigC stores. The Company has strict measure to maximize cost saving. 6. Finance costs was THB 615 million, increased by

, 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

organization to be more compact and more cost saving. 6. Financial cost For Quarter 2 of the year 2020, the financial cost was 0.18 million baht compare to 0.47 million bath last year, decrease by 0.29 million

acquire Suntower since 2015. Consequently, both SPRIME dividend income record and saving on financing cost will start to impact on S’s consolidated financial statement since Q1’2019. Page 2 of 7 Management

Government Saving Bank in Thailand. This is not only potentially decreases our funding costs but also stabilized company financial conditions. 2 Summary of Consolidated Financial Results 1. Operating Results