Ref: GEL.CS.026 /2561 Date: 14th November 2018 Subject: The approval of the additional investment in Seven Wire Company Limited To: Director and Manager The Stock Exchange of Thailand Refer: 1) The
delivered in 2017. Value (Million Baht) 1 General Engineering Public Co., Ltd. has set up electricity and communication system for Seven Wire Co., Ltd., a special steel plant in IRPC Rayong. 25 2 Kobelco
% increase when compared to same period of previous year as revenue of 401.97 Million Baht (subsidiary has more revenue from sale on wire and UWC has more revenue from selling electricity to Provincial
shall be improved from Q2/2018 due to the cycle of the market which has passed the long holiday period that has sluggish demand of steel products. However, the Company will increase and maintain the
HRC price and demand comparing with Q2/17. Up to August, average HRC price in Q3 is higher than average HRC price in Q2/17 by 7- 8 %. As such, the bottom line of Q3/17 is expected to be improved because
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
as 116.55 Million Baht decreased or 29.96 percent when compared to same period of previous year of 389.02 Million Baht thus subsidiaries has revenue from selling wire and decline in services due to
Company Limited (“company”) and Subsidiaries (“group”) as their operation in business in year 2020 consists of 6 segments such as investment in other businesses, wire business segment, transmission line
/17 by 7-8 %. As such, the bottom line of Q3/17 is expected to be improved because the cost of production is manageable while we can improve the selling price. 2. Business Outlook on Q3/2017
revenue from selling steel wire and subsidiaries of Ua Withya Public Company Limited as selling electricity to Provincial Electricity Authority) Revenue from services as amounting of 312.20 Million Baht