(MD&A) For Q2/2017 GSteel 13 Appendix Unit : Million Baht 2 nd Quarter 2017 2 nd Quarter 2016 % Increase (Decrease) Income Revenue from sale of goods 5,445 5,212 4% Reversal of bad and doubtful debts
Thailand) are detailed below: Income Statement 3 Audited by Ernst & Young Lao Co., Ltd. with reference to International Financial Reporting Standard (IFRS) (Using the exchange rate as at 17 January 2020 as
ended of 2017 and 2016 Revenue from sales of real estate 4,257.24 3,049.17 39.62 2,315.84 2,101.53 10.20 Revenue from rental and service 110.72 41.52 166.67 33.50 51.21 -34.58 Other income 153.91 236.39
the quarter 3 ended of 2017 and 2016 Revenue from sales of real estate 1,211.23 452.20 167.85 588.29 337.39 74.36 Revenue from rental and service 30.43 12.22 149.02 16.73 15.05 11.16 Other income 18.28
income 18.28 9.87 85.21 61.79 59.97 -51.99 Total income 1,259.94 474.29 165.65 666.81 412.40 61.69 Cost of real estate sales 951.96 349.91 172.06 450.37 263.35 71.02 Cost of real rental andservice 32.39
real estate 1,036.11 488.13 112.26 683.70 452.49 51.10 Revenue from rental and service 32.74 14.29 129.11 17.87 9.66 84.99 Other income 18.62 161.25 -88.45 58.44 121.73 -51.99 Total income 1,087.47
3.11 8.87 Profit before share loss from investment in joint venture and income tax 1.48 2.17 1.29 2.34 (1.05) (44.87) Share of loss from investment in joint venture 0.00 (0.52) 0.00 0.00 0.00 N/A Profit
income 1,115 0.3% 10,336 3.1% (9,221) (89.2%) 9,054 2.8% (7,939) (87.7%) Selling expenses (8,106) (2.3%) (7,629) (2.3%) 477 6.3% (7,731) (2.4%) 375 4.9% Administrative expenses (24,568) (6.9%) (22,783
Value of the Tangible Asset THB 35.00 million THB 1,266.96 million1 2.76 percent Net Profits from Usual Operation Not qualified - Total Value of Consideration Paid THB 35.00 million THB 1,774.93 million1
transaction value Calculation Criteria Calculation Transaction size Account Value of the Tangible Asset Not qualified - Net Profits from Usual Operation Not qualified - Total Value of Consideration Paid THB