payable, finance lease liabilities, As at December 31, 2018, company and subsidiaries had less total equity Baht 87.70 million or 16.06%. Yours sincerely, ( Mr. Santi Piyatat ) Managing Director K.C

of profit (loss) from investment in joint venture - 0.00% 355 0.05% (355) 100.00% Finance cost (15,208) 1.33% (15,240) 2.00% 32 0.21% Profit (Loss) before income tax income (expenses) 96,097 8.43

of allowance for loan and interest 65,324 6.54% - 0.00% 65,324 100.00% Reversal of allowance for diminution in value - 0.00% 50,000 5.90% (50,000) 100.00% Finance cost (29,566) 2.96% (13,870) 1.64

, finance lease liabilities. Now, the company has 10 projects for sale. As at December 31, 2018, company and subsidiaries had less total equity Baht 87.70 million or 16.06%. Yours sincerely, ( Mr. Santi

such income was recorded for interest received from damaged pipeline at Phayathai Skytrain Station at Bt4.3 million. The Group had a Net profit attributable to Equity holders of the Company of Bt231.2

% Finance cost (37.7) (29.8) (38.6) 26.5% (2.3%) (115.3) (91.9) 25.5% Income tax expenses (73.2) (79.5) (63.3) (7.9%) 15.6% (219.7) (264.0) (16.8%) Net Profit to Equity holders of the Company 271.8 294.6

Margin (Bht/Ton) 897 834 Unit : million Baht 30-Jun-18 31-Dec-17 Total Assets 31,971 32,172 Total Liabilities 20,418 19,781 Total Equity 11,553 12,391 Gr ou p HR C Gr ou p บริษัท จี สตีล จ ำกัด (มหำชน) G

4,125 4,059 66 1.6 Cost of service 2,451 2,362 89 3.8 Selling and administrative expenses 312 296 16 5.4 Finance cost 305 482 (177) -36.7 Interest expense from the MRT Purple Line Project 99 112 (13

another in Thailand and severance pay of 21 million Baht. In 2Q 2019, the Company had a total finance costs of 187 million Baht; decreased by 6% as compared to 2Q 2018 of 198 million Baht. 2 | P a g e Pace

14.7 1,267.3 107.5 Administrative expenses 273.3 2.7 425.1 2.6 151.8 55.5 Total Expenses 7,114.9 71.2 11,482.6 69.0 4,367.7 61.4 Profit before share of loss from investments in joint ventures, finance