) was low and could not cover cost and expense. 2. Business Outlook Total domestic Hot Rolled Steel consumption for Quarter 1, 2020 stood 1.51 million MT and decreased by 3.4% compared to same quarter

million and THB 87 million for the 1st Quarter 2020 and 2019, respectively. During the current Quarter the Company suffered unrealized exchange loss of THB 110 million and loss on devaluation of inventories

which have been licensed or registered properly at www.sec.or.th and “SEC Check First” application. In addition, investors can inquire or send a tip on suspicious acts to SEC Help Center via 24-hour Hot

Center via 24-hour Hot Line at 1207 for further inspection. Any act found to be liable to an offense under the Securities and Exchange Act B.E. 2535 (1992), the Derivatives Act B.E. 2546 (2003) or the

quarter, the exchange rate of THB against US Dollar was weaken resulting to the Company had loss from exchange rate by THB 184 million. However, in the second quarter of 2018, the Company had the sale

Management Discussion and Analysis Year Ending 31 December 2019 G J Steel Public Company Limited Page 2/14 2. Business Outlook Total Hot Rolled Steel consumption for 2019 at 6.66 MT decreased by 8% compared to

Million for Last Year Quarter mainly due to increase in loss on devaluation of Finished Goods and Raw Material by THB 158 Million and lower Foreign Exchange Gain by THB 95 Million compared to Last Year

sales revenue and volume of hot rolled coil (HRC) in which sales revenue rose from Baht 15,178 million from 2017 to Baht 29,910 million in 2018, also the HRC volume surged from 875,874 tons in 2017 to be

significantly increased both sales revenue and volume of hot rolled coil (HRC) in which sales revenue rose from Baht 15,178 million from 2017 to Baht 29,910 million in 2018, also the HRC volume surged from

to: • Decrease in financial cost of THB 17 Million consequent to debt reduction programme. • Net gain from exchange rate of THB 71 Million resulting from the strengthen in Thai Baht, whilst last year