statement, audited by auditor, in positive position. In this regard, in case the intermediary has raised its capital after the date of the latest financial statement, the amount of raised capital could be
intermediary other than those specified in sub clause (a) and (b), such intermediary shall have shareholders’ equity presented in latest financial statement, audited by auditor, in positive position. In this
incurred a net loss of Baht 834 million in 2018, compared with the year 2017 with a net profit of Baht 990 million, however, the Company’s EBITDA was still remain positive at Baht 612 million in 2018. 3
positive at Baht 612 million in 2018. 3. Management’s Message 3 G J Steel Public Limited Management’s Discussion and Analysis (MD&A) for year 2018 (Revised) Overview of World Steel Industry Chart of world
million. The net positive cash flow in working capital came from down-sizing amounts of account receivable and inventory, while net negative cash flow locate in payment of trade payable. Net cash flow from
anticipate that advertisement spending will benefit from macroeconomic upswing and positive sentiment. The growth of e-commerce is expected to increase by 30%2 per year driven by the ever-changing lifestyle of
company is still positive to see an improving of metal spread comparing to Q4/18. 2. Business Outlook on Q4/2018 Own production Tolling Total Own production Tolling Total HRC Sales (k tons) 226 192 418 182
approach 2.1 Specification of a new type of securities under the SEA to ensure no regulatory gap • Securities, according to the SEA, are specified on a positive list and may not cover, in some cases
last year or 4.8 percent, mainly due to a positive growth of Baht 48 million from sales and service income or 4.4 percent as well as an increase of other income was recorded at Baht 5 million. Page 5 of