primarily in the steel and construction segments. Combined with the ultra-weak sugar season that ended early in April, the burnt sales volumes were under significant pressure resulting an 8% lower sales

launch, Saraburi Quicklime Entire Business Transfer to Golden Lime). The headwinds Golden Lime faced in 2019 were multiple : weak steel segment, a comparatively short sugar season due to draught conditions

accidents. Business wise Q3 2019 as in Q2 the macro economy and the competitive landscape remains challenging. The continuing weakness in the steel sector had a significant volume and revenue impact, but we

. For the three-months ended 30 June Items Increased (Decreased) 2019 2018 Amount Percentage 1 Revenue from steel tower manufacturing 147.39 242.37 (94.98) (39.19) 2 Revenue from sale of industrial

is likely leaving its mark on the Thai economy. Private consumption growth moderated noticeably in Q1 while private investment fell, reflecting dampening domestic demand. Manufacturing output

distributes Pre- zinc structural steel pipe under the Company’s brand “ZIGA” and electrical conduit under the Company’ s brand “DAIWA”. They are innovative substitute products for hot-dip galvanized product or

higher lime demand in Q4 2017 and will continue into Q1 2018. The steel industry has closed its third year of continuous recovery in 2017, with total output up over 10%. Further volume increase is

Steel Public Company Limited at the rate Baht of 0.02 per share, totaling Baht 15.57 million (5) Selling expenses The Company and its subsidiaries had selling expenses at the amount of Baht 8.26 million

increased dynamism in exports of goods and services (source: IMF, October 2017). Steel output so far in 2017 is up 11% in Thailand and we expect this trend to continue. Also, sugar cane harvest is expected to

Enclosure 4 1 INFORMATION MEMORANDUM ON THE OFFERING OF THE NEWLY ISSUED ORDINARY SHARES OF G STEEL PUBLIC COMPANY LIMITED TO (1) THE EXISTING SHAREHOLDERS PRO RATA TO THEIR SHAREHOLDINGS (RIGHTS