is because in Q3- 2022, the allowance for expected credit losses incurred from long- standing receivables and the loss on fair value adjustments of equity investments higher than other quarters were

to financial institutions. Financial Position Assets As of December 31, 2018, the total assets decreased by 72.40 million baht to 1,737.41 million baht, equivalent to a decrease of 4.00% from 1,809.81

energy costs. Total expenses were Baht 426.8 million, increased by 7.1% mainly due to writing-off obsolete assets caused by the temporary shutdown of furnace for scheduled maintenance. Expense for the

% Total Revenues 145.52 120.96 20.30% 288.65 242.84 18.86% Profit (loss) Attributable to Equity Holders of the Company 22.33 11.73 90.37% 44.34 25.42 74.43% Total revenues of the company and the company’s

) 883 1,848 Unit : million Baht 31-Dec-18 31-Dec-17 Total Assets 30,632 32,172 Total Liabilities 20,532 19,781 Total Equity 10,101 12,391 Gr ou p HR C Gr ou p บริษัท จี สตีล จ ำกัด (มหำชน) G Steel Public

the value of securities issued for the payment of assets criteria Transaction size = Number of equity issued as consideration × 100 Total number ofissued equity of the Company = Cannot be calculated as

61 60 1,328 1,240 31 Dec 2018 31 Mar 2019 Current liabilities Current assets 28.3% 4,380 4,107 4,107 0 48.1% Non-Current liabilities 32.3% 1.5% 1.4% 70.3% 66.2% Equity MANAGEMENT DISCUSSION & ANALYSIS

total revenue, compared to 11.2 percent for the same period of year 2018. 3. Financial Status (Company and Subsidiaries) (1) Total Assets Company’s total assets as of September 30, 2019 was 1,576.1

Subsidiaries) (1) Total Assets Company’s total assets as of June 30, 2019 was 1,582.7 million baht, decreased 68.3 million baht or 4.1 percent compared to the total assets as of December 31, 2018. (1.1) Current

transaction has been completed), therefore, the movement of financial position was primarily attributed to aforementioned acquisition. ASSETS ASSETS BREAKDOWN 31 DECEMBER 2016 30 JUNE 2017 (THB mn) % out of