an increase in other non-current liabilities and a decrease in unappropriated retained earnings in the same amount of THB 1.85 million, as presented in interim financial statements for the 9-month

Financial Results 15 G J Steel Public Limited Management’s Discussion and Analysis (MD&A) for year 2018 Unit : Million Baht 31 December 2018 31 December 2017 % Increase (Decrease) Assets Current assets Cash

G J Steel Public Limited Management’s Discussion and Analysis (MD&A) for year 2018 (Revised) Unit : Million Baht 31 December 2018 31 December 2017 % Increase (Decrease) Assets Current assets Cash and

in the same quarter of 2019 was Baht 150.24 million showing a reduction of Baht 121.27 million or 80.72 % decrease. In this current year, there were only 2 ongoing projects and one of them was

. Nonetheless the Company has invested more in the investment properties during this period as well. 8. Decrease in non-current assets held for sale of THB 120.4 mm due to the reclassification of assets, which

offset by: (x) a decrease in current and non-current portion of receivables from sales of investments in subsidiaries totaling THB 996mn from the settlement of receivables of last year’s disposal of

Liabilities was Baht 1,695.56 million, increased Baht 94.33 million or 5.89%, mostly from the decrease in current liabilities of Baht 447.15 million and the increase in non-current liabilities of Baht 541.49

Baht 0.25 million or 18.10%, because in six months of 2018, there is decrease of interest received from current investment. 2. Cost of sale , Profit margin For six months ended June 30, 2018 the company

costs and revenues. Selling Expenses of Q3-2017 was decreased from Q3-2016 representing decrease of 14.8 MB or 20.8% due to the decrease in the commission rate. Administrative Expenses of Q3-2017

current liabilities while the pay down of the term loan helped to decrease non-current liabilities. Shareholder equity was impacted by retained earnings given the dividend payout and the lower net result