with the same period of last year. The income statement in brief is presented as following: Unit : Million THB Revenues from Sale 391.51 100.00% 217.59 100.00% 173.92 79.93% Cost of Sales 215.40 55.02

base compared to the same period of last year, Revenue from project work and services decreased. Because such income depends on value of fire fighting contractor projects each year. Gross Profit and

TRADITION FIXED INCOME SECURITIES COMPANY LIMITED SCB SECURITIES COMPANY LIMITED SCB ASSET MANAGEMENT COMPANY LIMITED SCB-JULIUS BAER SECURITIES COMPANY LIMITED THANACHART FUND MANAGEMENT COMPANY LIMITED

Budapest, Hungary and 320 Kilometers from Prague, Czech Republic. Therefore, the hotel is considered in a good location. The Company will also benefit from income diversification into new geographic

investment of the government, supporting program for less income people and the increasing of foreign tourism. The domestic sales of total vehicle were 237,093 units represent an increase of 12.6% when

income tax. Equities As of 31 March 2018, the company reported total Equities of Baht 988.6 million, increased from Baht 937.7 million by the year-end 2017, or increased by Baht 50.9 million or 5.4

having overdrawn and the short- term loan decreased 165.7 MB and account payable increased 31.6 MB and other liabilities decreased 3.1 MB and increasing 2.2 MB from Income Tax Payable and increasing of the

to pay for the building constructions and machines; because the Company began exercising BOI tax privilege, which exempts the corporate income tax for the revenue from the new factory, the tax expense

Management Discussion and Analysis Year Ending 31 December 2019 G J Steel Public Company Limited Page 4/14 Appendix Unit : Million Baht For the year 2019 For the year 2018 % Variance Income Revenue from sale

of America 3.2 Summary of financial information Unit : USD million 2016 Assets 45.3 Liabilities 2.9 Shareholders’ equity 42.4 Income 1.2 Total expenses (30.1) Net profit (loss) (28.9) 3.3 Shareholding