Company Limited Management Discussion and Analysis Quarter 3 Ending 30 September 2018 G Steel Public Company Limited Page 2/14 Performance Revenue from sale and cost of sale Q3/2018, The Company and

Steel Public Company Limited Management Discussion and Analysis Quarter 2 Ending 30 June 2018 G Steel Public Company Limited Page 2/14 Performance Revenue from sale and cost of sale Q2/2018, The Company

to the WIIK group has stable operating results and increase the overall performance of the Company in the future. 9. Sources of funds Long-term loans from financial institutions and cash received from

Public Company Limited Management Discussion and Analysis Quarter 1 Ending 31 March 2018 G Steel Public Company Limited Page 2/12 Performance Revenue from sale and cost of sale Q1/2018, The Company and

retail financings. Thus, demand is simply deferred. We believe that the company stands to benefit from the turnaround of the automotive industry if and when that happens. The performance of the company has

alleviates the impact of the risk on the Company’s performance. Therefore, the Company has invested in the Refined Glycerine plant according to the Company's strategy plan, which add the value-added to by

from China on 21 st February 2020. 3. Performance of the Company Operating results The Company reported a net loss of THB 1,353 million and THB 836 million in year 2019 and 2018, respectively. This is

government stimulus measures may affect the increased demand for hot rolled steel in the same direction of public utility budget. 3. Performance of the Company Operating results The Company reported a net loss

the Thailand Industries. 3. Performance of the Company Operating Results The Company reported a net loss of THB 476 million and THB 432 million for the 1st Quarter 2020 and 2019, respectively. This is

12.1 61.1 17.6 123.1 Administrative Expenses 102.0 139.1 111.6 (37.1) (26.7) 9.6 8.6 Finance Income 25.8 0.1 0.4 25.7 25,700.0 25.4 6,350.0 Revenue and Cost The performance of the Company in Q4–2020