sale business of Baht 303.73 million of 1st quarter of year 2018. The revenue was decreased from the revenue of sold electrical equipment and the revenue from the sold telecommunication towers because

, decreased of finished goods Baht 3.5 million and goods in transit Baht 22.2 million. -2- 5. Maintenance supplies increased Baht 15.2 million. 6. Property, Plant and equipment increased Baht 1,592.3 million. 7

, the rate was 1.18 times due to short-term loans and trade accounts payable decreased due to repayment of current liabilities. Non-current assets of land Property and equipment as at March 31, 2019 were

from disposal of investment in subsidiary Baht 68 million and purchasing of property, plant and equipment Baht 31 million.  Net cash flows used in financing activities Baht 816 million. Major items came

property, plant and equipment Baht 70 million บริษัท จี สตีล จ ำกัด (มหำชน) G Steel Public Company Limited Management Discussion and Analysis Quarter 3 Ending 30 September 2018 G Steel Public Company Limited

activities Baht 848 million  Net cash flows used in investing activities Baht 48 million from purchasing of property, plant and equipment Baht 116 million, proceeds from disposal of investment in subsidiary

upgrading equipment health. This has significantly improved the Debt to Equity Ratio from 0.49 in 2016 to 0.20 in Q2-2019 and the Current Ratio from 0.33 in 2016 to 1.75 in Q2-2019. 1. Highlights 2 G J Steel

year. In addition, the company invested in warehouse to support business expansion and to partially reduce rental expense. In Jiangsu China, the company purchased machine and equipment to support

% 26.5% +19% 32.5% 27.0% Selling expenses mainly consist of salaries of dessert café’s staff, space and equipment rental expenses, utility expenses, and other selling expenses such as marketing and

Non-Current assets increased to Baht 651.12 million from Baht 510.09 million as of 31 December 2018. Property, Plant and Equipment increased from Baht 418.42 million as of 31 December 2018 to Baht