follows:  Domestic Branded Business sales decreased 17% YoY.  Export Branded Business sales increased 24% YoY, mainly due to sales increase from fruit juice and milk products, and sales recognition from

manufacture, particularly energy drinks in both bottle and can formats, delivered an improving gross margin quarter by quarter as a result of lower costs of key raw material and packaging items, as well as

raw material in stock and impairment of raw material. • Disposal asset group classified as held for sales decreased from THB 1,136.81 million as at December 31, 2019 to THB 902.31 million as at Q2-2020

from revenue recognition by % of completion of projects which were hired on 2016 – 2017 together new projects awarded on 2018 of 11 projects. The portion of each segment revenue of 2017 – 2018 as follows

sales of scrap on raw material of 6.57 million baht, revenue from rental related companies of 0.60 million baht interest receive of 0.09 million baht, interest receive from related company of 0.13 million

decreased by THB 109.03 due to collection from customers. • Inventories decreased by THB 141.68 million due to usage of raw material in stock and delivery of finished goods. As of December 31, 2020, total

increased to Bt3,259.7 million in 1Q20, representing an increase of 12.3% Q-o-Q and 4.7% Y-o-Y, while sales revenue in USD terms grew by 8.4% Q-o-Q and 5.4% Y-o-Y. The higher revenue recognition in Baht terms

). Changes in foreign currency exchange rates had a minor impact on the revenue recognition in Thai baht terms in the current quarter (Table 1). To minimize the impact of COVID-19 in the second quarter of 2020

attributed to the appreciation of the Thai Baht versus the US dollar. (Separate: Baht 169 million). บริษัท จี สตีล จ ำกัด (มหำชน) G Steel Public Company Limited Management Discussion and Analysis Quarter 1

of raw materials with Union Gas and Chemicals Co., Ltd. in 2004. SEC Act S.315 Criminal Complaint Filed with an Inquiry Official Dated 16/01/2014