and Analysis Quarter 1 Ending 31 March 2018 G Steel Public Company Limited Page 4/12 Net cash flows used in investing activities Baht 62 million which proceeds from liquidation of subsidiary Baht 68
206,307 0% Retained earnings (deficit) Appropriated: Legal reserve 763,977 763,977 0% Unappropriated (25,504,986) (24,899,544) 2% Equity attributable to owners of the Company (433,023) 172,419 (351%) Non
retained earnings allocation for the Company’s performance in 2018 , ended December 31, 2018 Agenda 6 To consider and elect the directors who retire from their tenure. Agenda 7 To approve the fixing of the
payment and retained earnings allocation for the Company’s performance in 2018 , ended December 31, 2018 Agenda 6 To consider and elect the directors who retire from their tenure. Agenda 7 To approve the
not want to invest for a long term for the development of public utility because the company is required to use the proceeds from the sale of shares to the investment and development of industrial
earnings (EBITDA). Shareholders, including the majority shareholders, expressed their faith in the performance and future prospects of the Company and subscribed, in large numbers, to the warrants (IVL-W1
earnings (EBITDA). Shareholders, including the majority shareholders, expressed their faith in the performance and future prospects of the Company and subscribed, in large numbers, to the warrants (IVL-W1
expenses incurred from the subsidiary’s share acquisition ie. loan , advisory and lawyer fees for an aggregated amount of THB 2.3 million. Earnings before interest, taxes and depreciation (“EBITDA”) EBITDA
meet market demand in 3Q17. Therefore, the tailwinds in volume and margins are expected to handsomely beat earnings estimates on a fully diluted basis following the exercise of W1 warrants. 3 In last
remaining two segments, Integrated Oxides & Derivatives and Specialty Chemicals are expected to resume their earnings from unplanned shutdowns, except IPA which we believe will recover over the next 12-18