: The production and the domestic demand of Finished Steel in 2016 and 2017 Total Apparent Finished Steel (Unit : Tons) 2016 2017 % Change Production 7,957,351 6,865,628 -13.72% Import 12,614,629

increasing compared to the previous year. Table: The production and the domestic demand of Finished Steel for 2017 and 2018 Total Apparent Finished Steel (Unit : Tons) 2017 2018 % Change Production 6,875,446

2018 Total Apparent Finished Steel (Unit : Tons) 2017 2018 % Change Production 6,875,446 7,106,526 3.36% Import 11,325,592 12,051,411 6.41% Export 1,553,242 1,713,317 10.31% Consumption 16,647,796

(Unit : Tons) Quarter 1/2018 Quarter 1/2019 % Change Production 1,967,321 1,705,204 -13.32% Import 2,842,507 2,851,271 0.31% Export 436,428 399,792 -8.39% Consumption 4,373,400 4,156,683 -4.96% Source

the year (72) (451) (84%) Basic profit (loss) per share (in Baht) (0.0034) (0.032) (89%) Table 4: Summary of Financial Results 6 G J Steel Public Limited Management Discussion and Analysis Quarter 2

Analysis (MD&A) For Q1/2018 8 Table: The production and the domestic demand of Finished Steel in Q1 2017 and 2018 Total Apparent Finished Steel (Unit : Tons) Quarter 1/2017 Quarter 1/2018 % Change Production

) Jan - Jun 2017 Jan - Jun 2018 % Change Production 3,477,634 3,463,421 -0.41% Import 5,732,968 5,992,031 4.52% Export 805,068 886,217 10.08% Consumption 8,405,535 8,569,235 1.95% Source : Iron and Steel

Steel (Unit : Tons) Jan - Sep 2017 Jan - Sep 2018 % Change Production 5,170,245 5,516,808 6.70% Import 8,576,272 8,987,453 4.79% Export 1,187,518 1,273,851 7.27% Consumption 12,558,999 13,230,410 5.35

confirmed purchase orders for undelivered raw material 30 0 (100%) Finance costs 59 124 52% Total expenses 3,564 9,115 61% Profit (loss) for the year (433) (311) 39% Basic profit (loss) per share (in Baht

% Basic profit (loss) per share (in Baht) (0.019) (0.031) (40%) Table 4: Summary of Financial Results GJS บริษัท จี เจ สตีล จำกัด (มหาชน) G J Steel Public Company Limited Management Discussion and Analysis