, several Cost saving measures have been initiated by the Company and subsidiary to reduce costs. Management Discussion and Analysis Quarter 2 Ending 30 June 2020 G Steel Public Company Limited Page 5/7
to the middle of the 2nd quarter, customers in some countries where the governments have been ordering the Lockdown measures, such as India, this caused the Company to have been unable to export the
branches in Bangkok and vicinity, and some branches in other provinces by closing them since March 25, 2020 which it is the defensive measures against the spread of COVID-19. The branches can open for
over the shareholder’s health and safety, therefore, conducted the meeting under the precautionary measures regarding the spread of COVID-19. 1.4 The Legal execution Department resumed its public auction
implementing new strategies and marketing plans to achieve a better reach of both existing target customers and new customers. Nonetheless, the Company is putting measures in place to ensure we continue to serve
current Liability was increased in an amounting of Baht 2.75 million due to postpone tax payment according to Revenue Department relaxation measures that cause of tax payable was increased in an amounting
enforcement of strict measures, for instance, operational lock-down, state quarantines and travel restrictions in Thailand, Malaysia and Indonesia. Consequently, most of business activities were temporarily
disruption of cross border logistics ( that was an issue in Q2), or further large scale lockdowns, so no further one shot impact similar to April-May is projected. The cost saving measures will continue to
of city shutdown measures both at home and abroad Which results in more economic activity to be carried out the indicators for private consumption have returned to the same level as the same period
operating performance. In the first quarter of 2018, the Company has continued to improve the problems, which has taken the measures in each line of businesses including with the operation plan to grow the