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

, the Company expands businesses though its master agents around the country and improves its operation efficiency to have sustainable growth and profits in the rapid changing future. The Company has

The International Civil Aviation Organization (ICAO) and The International Air Transport Association (IATA) have limited the international passenger flight from traveling from and to Thailand for

dermatology and plastic surgery center to provide specialized services by the dermatologists and / or anti-aging, resulting in some of franchise branches and WCIG branches have been closed. According to loss

cash and cash equivalent as well as current investments in an amount of Baht 257.40 million. After payment of the purchase price, the Company will have sufficient funds for the Company’s business

the manufacture of packaging materials under Asia Packaging Manufacturing company limited (“APM”) to have control over the supply chain and sustain cost competitive position. 3 Selling, general and