, trade, and finance have been severely disrupted. (Source: Bank of Thailand) The hardest in Aviation industry from COVID-19 pandemic. It can be seen that worldwide Revenue Passenger Kilometers (RPK

fluctuation of CPO price since sometime the Company is unable to adjust its costing inline to the market price continuously and severely. The fluctuation of the price of CPO may affect the earning of the

net profit and the profit margin compared to the year 2018 because of the higher costs following to severely drought nationwide including Eastern area. Therefore; gross profit margin and net profit

Quarter ended March, 2019 were severely impacted by production disruptions resulting from breakdown of critical gear and transformer which resulted in an unexpected prolonged Shutdown. While breakdown of

Steel Public Company Limited Management Discussion and Analysis Quarter 3 Ending 30 September 2019 G J Steel Public Company Limited Page 2/13 2. Business Outlook The Domestic HRC prices were severely

previous projected at 2.8% growth to a 5.3% contraction due to the fact that COVID-19 outbreak severely affected both external and domestic demand particularly the tourism and exporting sector which sharply

2,209.20 million Baht, reduced by 11.46% and 25.02% respectively from same period last year. Sales have been severely impacted by the government’s order closing business venues during this quarter, despite

forecasts signaling GDP will fall by up to 6% compared to 2019. The export sector has been affected by declining demand from trading-partner countries, while the tourism sector has been severely impaired by

severely drop during this past March. Demand for fuel consumption declined which adversely affected the trend of product crack spread - directly impacting the performance of refineries and petrochemical

margin compared to the year Q1/2019 because of the higher cost of sales following to severely drought nationwide including Eastern area. Therefore; gross profit margin and net profit margin were down to