resulting from the new adjustment item in year 2018). บริษัท จี สตีล จ ำกัด (มหำชน) G Steel Public Company Limited Management Discussion and Analysis Yearly Ending 31 December 2018 G Steel Public Company

purposes. In 2Q2019, there were Foreign Exchange Gain of Baht 162.3 million. Whereby, in 2Q2018 there were Foreign Exchange loss of Baht -315.3 million and Accouting Adjustment (TFRS 15) of Baht 137.9

problem as improve from the government measure, such as ameliorate cost of living. In particular, the adjustment to the minimum wage in past. As a result, the 3rd quarter of 2018, the Group's revenue from

standards is recognised as an adjustment to the retained earnings as at 1 January 2020, and the comparative information was not restated. The impact of the adoption on the consolidated statement of 4,284

compared to the end of the year 2019 mainly from dividend payment and loss on fair value adjustment of long-term investments in financial assets whereas the net profit for the six-month period of the year

Statement of Comprehensive Income Note: (1) Excluded unrealized gain from foreign exchange rate on convertible bond, gain from fair value adjustment on investment properties, reverse effective interest rate

were from dividend income in the amount of THB 3,373.71 million and exchange rate adjustment in the amount of THB 1,216.09 million. On the other hand, the share of profit contributed during the period in

. • Gross Profit Margin in 1H/2023 was 64.1%, increased from 62.4% in 1H/2022, mainly due to the increase in sales revenue from dessert café, as well as the adjustment of the price of some products during

the momentum from the above mentions, the Thai economy in 2018 was expected to continue expanding which the Bank of Thailand projected to record growth of 4.1 percent (as of March 2018). However, the

with the growth for the passenger car segment and the commercial vehicle segment growing at 21.9% and 6.3% respectively. The Bank in-house research projected the new car sales for the year 2018 to be