% -20.4% Cost of rental and rendering of services 1/ 72.1 75.3 73.3 +1.6% -2.7% Cost of sales and services 1,363.9 1,485.6 1,195.8 -12.3% -19.5% Gross profit 1,062.1 1,070.6 1,015.3 -4.4% -5.2% Other income

profit 27.70 55.84 53.53 Operating expenses 13.98 27.19 44.21 EBIT 13.72 28.64 9.32 Other revenue 0.68 1.30 0.28 Finance cost 0.00 0.96 1.38 Income tax expense 2.98 8.04 2.66 Net profit(loss) 11.42 20.94

) 23% 1% (62,325) (80,434) 29% Gross Profit 4,270 4,026 2,363 -45% -41% 5,213 6,389 23% Interest income and dividend income 45 55 44 -2% -20% 86 99 15% Other income 67 170 236 254% 39% 151 406 168

% -24% Reversal of allowance for gain/(loss) from impairment of assets (101) (78) - N/A N/A Share of profit (loss) of associate 18 324 92 422% -72% Profit before finance costs and income tax expense 3,035

) (112) -102% Profit attributable to owners of the Company 1,174 993 1,316 12% 33% 3,855 4,393 14% Basic earnings per share (Baht) 0.85 0.72 0.96 2.80 3.19 Note: 1/ EBITDA from Refinery Business of the

profit (excluding special items) amounting not less than Baht 100,000,000 per year (the “Second Share Purchase Condition”). The payment for and transfer of the second portion of the Sale Shares will be

, the adjusted net income, the net profit attributable to the company that excludes the ‘fair value of intangible assets from the acquisition of GLOW was at Baht 2,383 million, increased by Baht 410

280,438 5% Total expenses 5,863,159 9,470,477 -62% Profit (loss) before income tax expense (869,346) (430,965) 50% Income tax expense - - Profit (loss) for the period (869,346) (430,965) 50% Other

74,000 Million Capital Increase and Progress on Tender Offer to Delist GLOW Note: 1. Adjusted Net Income is the net profit attribute to the company that excludes the fair value of intangible asset from the

Company Limited Page 10/10 G Steel Public Company Limited and its Subsidiaries Statements of comprehensive income Consolidated financial statements As at 31 December + ( - ) % 2019 2018 (in Baht) Profit