Profit Margins of excluding Other Utilities Revenue was 36.2% improved from 35.1% in 1Q2018, from increase sales volume and improved production cost which was partly from an innovative cost saving

services on Boonterm kiosks. The Company will cooperate with 2 more commercial banks: Government Saving Bank (GSB) and Bangkok Bank (BBL) to add on money transfer service. Currently, there are 3 commercial

which are energy-saving innovations for air conditioners (WATER INT PAD: Water Intelligent), in the past can sell such products which the quality and efficiency of the products resulting in the year 2019

Ayudhaya (BAY) and Government Saving Bank (GSB) and add new interesting services continuously i.e. lottery by bank. Moreover, the Company focus on expanding the Smart Boonterm kiosk that sells SIM Card with

of network capacity and coverage. This shall result in saving of investment to expand capacity and the enhancement of overall efficiency of network management as well as customer experience. AIS

on the Company’s future revenues, operations and supply chains. The Company is taking several cost saving measures to minimize the negative impact of the COVID-19 pandemic on the Company’s future

for new stores in hardline and food segment, 2 Thai Watsadu, 1 GO! Mall and 1 BigC stores. The Company has strict measure to maximize cost saving. 6. Finance costs was THB 615 million, increased by

, several Cost saving measures have been initiated by the Company and subsidiary to reduce costs. Management Discussion and Analysis Quarter 2 Ending 30 June 2020 G Steel Public Company Limited Page 5/7

organization to be more compact and more cost saving. 6. Financial cost For Quarter 2 of the year 2020, the financial cost was 0.18 million baht compare to 0.47 million bath last year, decrease by 0.29 million

mm in 2019 to 39 THB mm in 2020 or representing decrease rate of 33% mainly due to the cost saving policy including proper human resource management. Management Discussion & Analysis Q2/2020 One-time