goods sold in business agriculture and dairy farm increased Baht 2.57 million, to be 6% because animal feed price increased form the year 2016. (3) Commission income amount Baht 9.84 million, increased

products wait for delivery and installation and decrease from the investment assets sold Baht 10.5 million. Total liabilities decreased 21.47% from the end of last year due to the repayment of personal loans

shares from the former shareholder of Smart Traffic Co., Ltd in year 2016. 3 . Profit from the sale of fund invested in the associated company was Baht 7.13 million. The Company sold the ordinary shares of

interest In the case of excluding goods from eliminating conflicts of interest Income 303.34 303.34 Cost Of Good Sold (313.85) (290.80) Gross Profit (Loss) (10.51) 12.54 Gross Profit (Loss) Ratio % -3.46

Because the company has stopped production and has classified non-current assets held for sale Therefore, there is no calculation of depreciation in such assets And the company has sold some products that

852.57 Cost of Service 10.46 6.47 0.21 0.85 10.25 4,880.95 Cost of Goods Sold 0.00 0.00 0.00 0.00 0.00 Administrative Expenses 64.28 39.75 13.58 55.14 50.70 373.34 Cost of Finance 8.06 4.98 2.59 10.52 5.47

reflected by increasing in cost of goods sold of, while, selling expenses declined – regarding to increase in sales value, cost control in sales and promotion expenses. Financial results of 3-month ended

of cost of goods sold so cause gross loss. Total revenue decreased due to the decrease of sale volume and selling price. Sale volume decrease cause by production volume decrease. Both company and

.) บริษัท จี สตีล จ ำกัด (มหำชน) G Steel Public Company Limited Management Discussion and Analysis Quarter 2 Ending 30 June 2019 G Steel Public Company Limited Page 3/12 Consolidated cost of goods sold

of obsolete assets sold at this time is 132,077,686.05 Baht by way of the bidding. The bidding process is done publicly and started since February 2019. For the final round, Strega proposed the highest