impact of the COVID-19 in the periods going forward as the situation is still evolving. It is, however, certain that Thailand and worldwide measures against spread of the COVID-19 will have adverse effects

over 17,000 million baht (including a joint venture project 5,300 million Baht), of condominiums and housing that will be completed and transfer in the second half of this year. The company will have the

the financial statement for all of its leases that have leasing term more than 12 months. หนา้ 2 2. Overview of Domestics Ready-to-Drink Fruit Juice Market In Q1/2020, Moving Annual Total (MAT) Year

new standard retrospectively and have restated comparatives for the prior year presented (full retrospective approach). Changes in accounting policies: Thai Accounting Standard no.40 (TAS 40

%, and in up-country 69%. For overseas business in Cambodia, Myanmar and Laos, they have active customers more than 356,000 customers, increased by 16% from last year, and representing 13% of active

Q2/2020. Main reasons were delay to start work of new projects and award schedule was delayed by pandamic issue such as Engineering work in their headquater have been delayed. Additional, main

the manufacture of packaging materials under Asia Packaging Manufacturing company limited (“APM”) which is also expected to start operation in 4Q/2020, to have control over the supply chain and sustain

, 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

/2020 the Company and its subsidiary also have sales from Rotary product which was first launched in Q3/2019 so when compares sales of this quarter and last year, the sales were increased by these reasons

-time expenses in the 2nd quarter of 2020, the Company would have generated normalized net profit of 7.7 THB mm. Management Discussion & Analysis Q2/2020 Financial Statement unit 30 June 2020 31 Dec 2019