conversion and some portion has been restructured from short-term debts into long-term loan 5 years, resulted in better financial ratios i.e. Debt to Equity Ratio (D/E Ratio) at 0.39 and Current Ratio at 1.18

upgrading equipment health. This has significantly improved the Debt to Equity Ratio from 0.49 in 2016 to 0.20 in Q2-2019 and the Current Ratio from 0.33 in 2016 to 1.75 in Q2-2019. 1. Highlights 2 G J Steel

global steel industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business

cost management is seriously needed in order to cope with the more dynamic business environment. The raw material reference prices on the world market are that the HMS 1&2 (80:20 ratio) scrap USA export

Steel has been in the process of rehabilitation at current and waiting for the court’s order to allow G Steel accessibility to a new credit facility, then G Steel will be able to resume their own

million baht 1,247 1,247 1,247 Key financial ratios Liquidity ratios Current ratio times 3.07 3.11 3.14 Quick ratio times 2.22 2.38 2.43 Cash ratio times 0.36 0.38 0.45 Receivable turnover times 4.82 4.70

steel industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business

industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business environment. The

THB as compared to US dollar. There would be the material change in Q3 for the Balance Sheet structure of which expecting to see the improvement of DE and Current ratio. However, the Balance Sheet

in order to cope with the more dynamic business environment. The raw material reference prices on the world market are that the HMS 1&2 (80:20 ratio) scrap USA export price of the first quarter of 2019