. Management’s discussion and analysis for the year 2019 3 / 8 3. Analysis of Operating Results Statements of Comprehensive Income – Consolidated (Million Baht) For 12-month period ended December 1, Increase

-32.01% Profit (Owners of the parent) 15.30 28.37 -13.07 -46.08% 12.01 29.52 -17.51 -59.31% Profit for the period 6.89 27.82 -20.93 -75.24% Total Comprehensive Income for the Period 6.78 25.28 -18.50

Comprehensive Income – Consolidated (Million Baht) For -month period ended June , Increase (Decrease) % For 6-month period ended June , Increase (Decrease) % 2020 2019 2020 2019 Revenues from sales and services

) (342,015) 73% (358,157) (621,089) -42% Loss - discontinued operations - (2,704) -100% - - Loss for the year (590,582) (344,719) 71% (358,157) (621,089) -42% Other Comprehensive Income (Loss) Items that will

-22.41% 212.61 287.10 -74.49 -25.95% Profit (Owners of the parent) 37.20 43.26 -6.06 -14.00% 21.50 44.20 -22.70 -51.36% Profit for the period 28.36 42.86 -14.51 -33.84% Total Comprehensive Income for the

1.10 (33.77) -96.86% Other comprehensive income for the period - - - N/A - - - N/A Total comprehensive income for the period 13.64 (0.83) (14.47) -106.11% 34.87 1.10 (33.77) -96.86% Gross profit margin

) -74.98% Other comprehensive income for the period - - - N/A - - - N/A Total comprehensive income for the period 9.29 9.95 0.66 7.10% 44.16 11.05 (33.11) -74.98% Gross profit margin 28.60% 26.22% 29.38

E-commerce. Total revenue in 1H19 was Baht 511.27 million, decreased by 2.52% YOY because sales target was not achieved in 1Q19. The Company arranged marketing activities to draw customers and to

Sri Ayutthaya, Chachoengsao, Rayong and Diana Hat Yai Branch. In addition, the Company has expanded new channels especially e-commerce through owned official platforms, Facebook: FN Outlet, Line

Analysis Yearly ending 31 December 2019 G Steel Public Company Limited Page 9/9 G Steel Public Company Limited and its Subsidiaries Statements of comprehensive income Consolidated financial statements As at