district to 4.2 million bottles/day and 5.7 million cans/day, an increase of 40% and 30% respectively. In additions, the Company has several projects in pipeline for further efficiency improvement including
, 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
and Knightsbridge Space Rama 4. For the second quarter of 2020, The Group focus on the Ready to Move project and Inventory for sale with several campaigns, such as the Keep Your Distance campaign
aforementioned impact and economic uncertainties, which led several businesses reduce their advertising spending. Domestic advertising revenue was THB 97mn, a decrease of 62.9% YoY. International advertising
-19 pandemic, which resulted in more lockdowns and travel restrictions in several countries including Thailand, Malaysia and Indonesia – the Company’s major markets. In Thailand, despite the success in
, sales of other product, screw flight and plough are also having a downturn this year especially screw flight that worsen by 33% from last year’s sales. The decline in sales were caused by several negative
shortages. Hence, Portugal operation generated a significant loss in this quarter. 2) Higher SG&A 3) Higher tax expenses However, there are also several positive factors: 1) Strong performance of our
distribution channels to increase fee income and assets under advice. The area of Investment Banking will combine the expertise of several functions within the Group to allow the Group to offer more
expertise of several functions within the Group to allow the Group to offer more comprehensive financial services to meet clients’ demands. 11 Commercial Banking Business including retail lending, commercial