realized in following quarters. The decline of Wholesale/Retail Sale Activities to 169 million Baht was a result of the weakening purchasing power and the increasing market competition. The Export Sale

the Project Sale Activities decreased by 6% to 394 million Bahts. Wholesale/Retail Sale Activities decreased by 9% to 150 million Bahts was a result of the weakening consumers' purchasing power and the

, slowdown in Thai exports from the weakening global economy has more possibilities which is a factor that dragged down the expansion of the Thai economy, Stability of political groups. As a result, investment

year as a result of weakening THB. The Group’s total costs for the first quarter was at THB 44.353 million, an increase of 15.32% compared to the same period last year. The majority increase in Total

completion basis. However, sales of product reduced by baht 35.03 million mainly from the lubricant packaging industry customers which in the line with the weakening economy in the second quarter. 2. The

Discussion and Analysis Quarter 3 Ending 30 September 2020 G Steel Public Company Limited Page 3/3 Total net loss from exchange rate amounted to Baht 149 million due to weakening of the Thai Baht against the

quarter. • Net loss (gain) from exchange rate The Company had recorded loss from exchange rate for the 2nd Quarter 2020 amounting to THB 102 million due to weakening of the Thai Baht against the US Dollar

50% in this quarter. However, revenue from COVID-19 test helped alleviate this weakening data. Overall non-SW revenue dropped by 7% yoy. Despite the increased rate of fixed capitation per head for the

the weakening in the semiconductor industry in 2019 and high capital expenditure in 2018. Generally, capital expenditure for production equipment will follow the increase in sales, particularly in the

to grow slower than forecasted. It was mainly due to the weakening export sector which attributed to the declining demand worldwide, resulting in the stagnant economic growth in several major trading