Management Discussion and Analysis Year Ending 31 December 2019 G J Steel Public Company Limited Page 4/14 Appendix Unit : Million Baht For the year 2019 For the year 2018 % Variance Income Revenue from sale
Production Machine and Plant Equipment Purchaser Planet Seller Shanghai Wood-based Panel Machinery Co., Ltd. DIEFFENBACHER GMBH MASCHINEN-UND ANLAGENBAU ANDRITZ Zhuzhou New Times Conveyer Machinery Co
of the year 2019. Page 3 2.3) Purchase Agreement of Production Machine and Plant Equipment Purchaser Planet Seller Shanghai Wood-based Panel Machinery Co., Ltd. DIEFFENBACHER GMBH MASCHINEN-UND
receivables from exercise warrants 65 0.7% 7,121 42.2% Equipment – net 1,615 16.8% 1,735 10.3% Investment in JVs, associates and other long-term investments 1,421 14.7% 1,389 8.2% Goodwill 1,748 18.2% 1,748
Baht 3rd Quarter 2019 3rd Quarter 2018 % Variance Income Revenue from sale of goods 3,083 8,666 (64%) Net foreign exchange gains 19 113 (83%) Gain from debt restructuring 0 1 (100%) (Reversal of) loss on
& Analysis Q1/2022 Overall operating results of the Company in Q1/2022 Q1/21 Q1/22 Change +/(-) (THB million) %YoY Operating Revenue 179 198 11% Cost of Sales (74) (78) 5% Gross Profit 105 120 14% Other income
Sales (60) (83) 38% (134) (161) 20% Gross Profit 77 147 91% 183 267 46% Other income 1 4 300% 2 7 250% Selling and Distribution Expenses (53) (71) 34% (111) (133) 20% Administrative Expenses (32) (36) 13
opportunities abroad beyond Hong Kong, with plans to sign contracts with franchisees in CLMV countries to open After You dessert cafe in order to diversify risk of relying solely on domestic income and to create
Change +/(-) 2022 2023 Change +/(-) (THB million) %YoY %YoY Operating Revenue 264 317 20% 938 1,217 30% Cost of Sales (98) (111) 13% (346) (428) 24% Gross Profit 166 206 24% 592 789 33% Other income 6 4
and other countries travelling to Thailand. Not only that, it is a platform to create a new client base, generate higher income and profits to the group companies in the long term. Construction Period