762.6 (254.9) (33.4) Administrative expenses (84.7) (88.0) (3.3) (3.8) Finance costs (34.1) (26.3) 7.8 29.7 Profit before income tax 388.9 648.3 (259.4) (40.0) Tax income (expense) (28.6) (54.8) (26.2

contracts 11.2 (0.2) (11.4) N.A.(

-42.3% Finance income 30.6 2.9 27.7 963.2% Finance cost -107.3 -91.3 -16.0 17.5% Income tax expenses -22.1 -74.4 52.3 -70.3% Net profit (loss) attributable to equity holders 319.5 561.8 -242.3 -43.1% Net

) 883 1,848 Unit : million Baht 31-Dec-18 31-Dec-17 Total Assets 30,632 32,172 Total Liabilities 20,532 19,781 Total Equity 10,101 12,391 Gr ou p HR C Gr ou p บริษัท จี สตีล จ ำกัด (มหำชน) G Steel Public

% - Utilities Business 423.3 458.0 -7.6% - Operating Revenue1 414.9 431.2 -3.8% - Other Revenue from Utilities Business2 8.4 26.8 -68.7% - Power Business 6.9 1.4 397.5% Costs of Sales and Services (293.8) (276.0

-current liabilities 740.34 273.12 467.22 Total liabilities 1,304.62 1,843.84 (539.22) Equity 839.43 253.87 585.56 Consolidated financial information Page 4 of 19 • Inventories reduced by Baht 9.86 million

impairments Company has no impairment loss on available-for-sale investments and no impairment of real estate development costs in 2017. Compared to 2016, the company had loss on impairment of investment

Unit: million Baht 31 March 2019 31 December 2018 Fin an cia l St at us Total Liabilities 4,359 5,607 Total Asset 17,144 18,824 Total Equity 12,785 13,218 The Company’s Operating results during the

1.58 57.04% 4 Profit before expenses 69.58 61.27 8.31 13.56% Selling expenses (1.52) (4.98) (3.46) (69.48%) 5 Administrative expenses (64.20) (38.77) 25.43 65.59% 6 Finance costs (2.78) (3.07) (0.29

% Other income 1.40 4.25 (2.85) (67.06%) 4 Profit before expenses 81.66 60.77 20.89 34.38% Selling expenses (1.38) (4.49) (3.11) (69.27%) 5 Administrative expenses (39.93) (37.82) 2.11 5.58% Finance costs