Management’s Discussion and Analysis (MD&A) for year 2017 (Revised) 1 1. Highlights G Steel Public Limited and its Subsidiaries Management’s Discussion and Analysis (MD&A) for year 2017 (Revised

G J Steel Public Limited Management’s Discussion and Analysis (MD&A) for year 2018 (Revised) Unit: million Baht Year 2018 Year 2017 Pe rf or m an ce Revenues 29,910 15,178 Sales Volume (k tons) 1,447

sale the idle asset, Deed No. 332983 and 333835 located in Praksa sub-district, Mueang Samut Prakan district, Samut Prakan province in total area 21 Rai 1 Ngan 37.6 square wa the price of 138,736,000

sale the idle asset, Deed No. 332983 and 333835 located in Praksa sub-district, Mueang Samut Prakan district, Samut Prakan province. The Area is nearby the J City Sukhumvit – Praksa Project, in total

days of credit term The reason The Company sold the unused equipment to KPPH to reduce outstanding idle equipment and to create maximum benefits for the Company. 2nd transaction Partners of Contract

in transit amounting to Baht 205 million. Pursuant to the Government announcement in the Government Gazette regarding to the revised Anti-dumping and Countervailing of Foreign Products Act, B.E. 2562

KPPH to reduce outstanding idle equipment and to create maximum benefits for the Company. The total transaction size of Disposal on fixed asset is Baht 1,181,648.58 which is accounted to 0.007% under the

of revised anti-dumping and Countervailing of Foreign Products Act, B.E. 2562 (A.D. 2019) with the additional provision relating to anti circumvention of anti-dumping and countervailing measurement

outstanding idle assets and to create maximum benefit for the Company. The total transaction size of Disposal on fixed asset is USD 978,501 (Approximately Baht 29,985,478 which is accounted to 0.05% under the

Management’s Discussion and Analysis (MD&A) For Q3/2017 1 1. Highlights G Steel Public Limited and its Subsidiaries Management’s Discussion and Analysis (MD&A) Q3/2017 (Revised) Unit: million Baht