debt amount of 33.91 million baht, increased 207.89 million baht or 5.98% from the same period of last year due to estimated allowance from debtor not yet repaid, which the estimates are in accordance to
0.67 percent which calculates by the value of the consideration given or received compared with the total assets of the listed company as of 31st December 2017, audited by the certificated
of Assets B.E. 2547 (2004) is equal to 0.67 percent which calculates by the value of the consideration given or received compared with the total assets of the listed company as of 31st December
2016 because the Company re-estimates the performance, so the Company can use the deficit lower than the last year. Net profit (loss) For year 2017, the Company has net loss at Baht 60.55 million which
equivalent to 430.43%, because the Company re-estimates the performance, so the Company can use the deficit lower than the last year. Net profit (loss) For the 3 months period (quarter 1/2018), the Company has
8 บริษัท จี สตีล จํากัด (มหาชน) G Steel Public Company Limited Management Discussion and Analysis Quarter 2 Ending 30 June 2020 1. Operating Result Highlights 2. Changes in Accounting Estimates In
operations continuously. However, in preparing the financial statements in accordance with Thai Financial Reporting Standards, it is necessary for the Company to make judgments and estimates regarding matters
estimates regarding matters that are inherently uncertain. These judgments and estimates affect reported amounts and disclosures; and actual results could differ from these estimates. Significant judgments
) 14,986 19,891 Unit: million Baht 30 June 2020 31 December 2019 Fi na nc ia l St at us Total Liabilities 2,406 2,194 Total Asset 15,195 15,488 Total Equity 12,789 13,294 2. Changes in Accounting Estimates
, respectively. As a result, the COVID-19 outbreak directly affects the import of raw materials of the Company for sale, resulting in a decrease in sales. The Bank of Thailand estimates that the growth rate for