132.39 million Baht from sale unused land which located at Lobburi. In 2018, Sales revenue increased 299.42 M.Bht or 32% by Construction Supply Business increased 106.79 M.bht or 12% and Real Estate

Tangible Assets (“NTA”) (NTA of the Company as per the latest financial statement as of 31 December 2018 was Baht 13,210.52 million) which is less than Baht 20 million or 3 percent of the Company’s Net

were recognized in amount of Baht 11.54 million. (3) Others income amount of THB 5.24 million, consisted of the share of profits from investments in associates amount of THB 2.98 million, and others

1 G J Steel Public Limited Management Discussion and Analysis Quarter 2 Ending 30 June 2019 Unit: million Baht 2nd Quarter 2019 2nd Quarter 2018 Pe rfo rm an ce Revenues 3,928 7,815 Sales Volume (k

Analysis for the period 3 months March 31, 2018 as follows:- (Million Baht) Consolidation Financial Statement The Company Q1/2018 Q1/2017 Different Q1/2018 Q1/2017 Different Sales and service income 1,046.66

same period of last year is as follows: (Baht Million) Quarter 2 (three-month period) Six-month Period 2018 2017 % 2018 2017 % Revenues from Hospital Operations 142.19 116.53 22.02% 281.40 233.95 20.28

Management’s Discussion and Analysis (MD&A) For Q2/2018 1 1. Highlights G J Steel Public Limited Management’s Discussion and Analysis (MD&A) Q2/2018 Unit: million Baht 2nd Quarter 2018 2nd Quarter

is THB 35,000,000. (thirty five million baht). The transaction is considered as the disposal of assets transaction of subsidiary of listed company according to the Notification of the Capital Market

Increase (Decrease) Million baht Million baht Million baht % Total revenue 388.06 819.95 (431.89) (52.67) Cost of sales and services 390.44 656.76 (266.32) (40.55) Sales and Administration Expenses and

party to the Company to sale 51% of its shareholding in AVAP. This amicable transaction is value at VND 288 billion or equivalent to Baht 377 million with a gain to the company. This disposal of asset