December 2016 due mainly to trade receivables and inventories set to move in response to our growth in business operations. In addition, such increase in total asset also resulted from our investments in

29.2% from THB 9,778 million as of 31 December 2016 due mainly to trade receivables and inventories set to move in response to our growth in business operations. In addition, such increase in total asset

Limited Management’s Discussion and Analysis (MD&A) for year 2018 any improving of the consumption of steel in this quarter. In addition, the Company has move the annual shut down early to February due to

/2019 2 G J Steel Public Limited Management’s Discussion and Analysis (MD&A) for year 2018 (Revised) any improving of the consumption of steel in this quarter. In addition, the Company has move the annual

for sales and ready-to- move-in. As at beginning of May, the JV with Sansiri had THB 9.5bn of presales backlog remaining for 2018 and cumulatively by 2021 of around THB 25.9bn. These would now be

Fax: 02-455-2763 Project Type Ready-to-move-in single-detached houses Project Area Approximately 15 Rai Project Value 601.32 MB Number of Units 61 Units House Type Type A - Average price 8.46 MB -39

quarter, the Sansiri JV (i) fully sold and fully transferred The Line Chatuchak-Mochit project, (ii) continued to transfer units of the ready-to-move-in The Line Wongsawang and (iii) begun transferring

. During the quarter, the Sansiri JV transferred units of the ready-to-move-in The Line Wongsawang, The Line Ratchathewi, The Line Asoke- Ratchada and Base Garden Rama 9 projects. On 22 September 2018, the

. Projects that were completely transferred in 2019; (i) The Base Garden Rama 9, (ii) The Line Ratchathewi, (iii) The Line Asok-Ratchada. 6 ready-to-move in projects comprised of, (i) The Line Wongsawang, (ii

total remaining backlog was THB 1,288mn, decreasing by 70% compared to the previous quarter of THB 4,284mn from the value transferred of 6 ready-to-move-in projects (i) The Monument Thonglor, (ii) The